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Business, 13.12.2019 23:31 jerrym163176

The demand for the franconian franc in the foreign exchange market equals 14,000-3,000e and the supply of francs in the foreign exchange market equals 2,000+2,000e where e is the nominal exchange rate expressed in us dollars per franc. if the franc is fixed a 2 us dollars per franc, then to maintain this fixed rate franconia's international reserves must: 1. increase by 2, francs per period.2. increase by 4,000 francs per period3. decrease by 2,000 francs per period.4. decrease by 4,000 francs per period

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The demand for the franconian franc in the foreign exchange market equals 14,000-3,000e and the supp...
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