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Question 19 The table below presents schedules X and Y. One of them is a supply schedule and the other is a demand schedule for Swiss Francs (CHF). Price of Schedules X Schedules Y CHF (Quantity of CHF) (Quantity of CHF) $0.85 1,000,000 10,000,000 $0.86 2,000,000 8,000,000 $0.87 3,000,000 6,000,000 S0.88 4,000,000 4,000,000 $0.89 6,000,000 2,000,000 $0.90 8,000,000 1,000,000 What would happen if both the US and the Swiss governments fixed the price of CHF at $0.89? The demand for CHF would exceed the supply for CHF and there would be a shortage of CHF in the foreign exchange market. The demand for CHF would exceed the supply of CHF and there would be a surplus of CHF in the foreign exchange market. The demand for CHF would be less than the supply of CHF and there would be a surplus of CHF in the foreign exchange market. The demand for CHF would be less than the supply of CHF and there would be a shortage of CHF in the foreign exchange market. List of Graph: Supply/Demand Curve Shifts in the Foreign Exchange (FX) Market In each, the vertical is represents the price of FX in us down the herita Trans the quantity of Ix demanded oled and refer to the initially and demand whether while and rater to the new and demand wchedules after they shot. The arrow India the direction of the shih Mease choose the presh which provides the best the question GA Assume that South Korea corporations want to purchase more from the US due to a trade pact. Based on the graphs presented, pick the one that best describes what happens in the market for Korean won Graph B Graph Graph E Graph A Graph F Graph D