Multiple Choice
Exhibit 20-4 
Imagine that there are only two nations in the world, Canada and Switzerland.Which of the following is true of the suppliers and demanders in this market, as represented in Exhibit 20-4?
A) The demanders want Canadian dollars and are offering Swiss francs.
B) The suppliers want Canadian dollars and are offering Swiss francs.
C) Both the suppliers and the demanders are offering Canadian dollars.
D) Both the suppliers and the demanders are offering Swiss francs.
E) Francs are being exchanged by unknown suppliers and demanders in a money market in Switzerland; anyone could be trading.
Correct Answer:
Verified
Correct Answer:
Verified
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