Draw graph of the supply of and demand for euros

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Reference no: EM131107709

Draw a graph of the supply of and demand for euros (in terms of Swiss Francs). Diagram the effect of each of the following on the exchange rate (SF/Euro). Explain your reasoning.

1. A rise in euro interest rates

2. Goods are more expensive in Switzerland than in Euroland.

Reference no: EM131107709

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