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The exchange rate is currently 90 U.S. cents per Canadian dollar. Over time, the exchange rate rises from 90 U.S. cents per dollar to 100
The exchange rate is currently 90 U.S. cents per Canadian dollar. Over time, the exchange rate rises from 90 U.S. cents per dollar to 100 U.S. cents per dollar. Show the effect in the graph. Draw eithera new supply curve or an arrow along the curve showing the direction of change. The law of supply of foreign exchange states that other things remaining the same, the the exchange rate, the in the foreign exchange market. O A. lower; greater is the quantity of Canadian dollars supplied 0 B. higher; smaller is the quantity of Canadian dollars supplied 0 C. higher; greater is the supply of Canadian dollars 0 D. higher; greater is the quantity of Canadian dollars supplied The graph the law of supply of foreign exchange. Exchange rate (U.S. cents per Canadian dollar) 120 110 100 90 80 70 S 60 20 30 40 50 60 70 80 Quantity (billions of Canadian dollars per day) >>> Draw only the objects specied in the question. 62 IS
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