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Exchange rate markets At the price $.80 for one euro: O the dollar price of one euro equals the euro

by | Sep 9, 2023 | finance

Exchange rate markets

At the price $.80 for one euro:

O the dollar price of one euro equals the euro price of one dollar.

O there will be a surplus of euros in the foreign exchange market.

O the quantity of euros demanded equals the quantity supplied.

O the dollar-euro exchange rate is unstable.

 

  

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