Suppose we were analyzing the pound per Swiss franc foreign exchange market. If Switzerland's real GDP rises relative to England and nothing else changes, then the:
a. The supply of Swiss francs in the foreign exchange market rises and the Swiss franc depreciates.
b. The demand for Swiss francs in the foreign exchange market rises, and the Swiss franc appreciates.
c. The supply of Swiss francs in the foreign exchange market rises and the Swiss franc appreciates.
d. The supply of Swiss francs in the foreign exchange market falls, and the demand for Swiss francs in the foreign exchange market falls, causing the Swiss franc to rise in value.
e. The supply of Swiss francs in the foreign exchange market rises, and the demand for Swiss francs in the foreign exchange market falls, causing the Swiss franc to depreciate.
.A
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