asked 5.8k views
18 votes
Assume that the British government eliminates all controls on imports by British companies. Other things being equal, the U.S. demand for pounds would ____, the supply of pounds for sale would ____, and the equilibrium value of the pound would ____. a. remain unchanged; increase; decrease b. remain unchanged; increase; increase c. decrease; increase; decrease d. increase; increase; increase

asked
User Pdfman
by
8.1k points

1 Answer

11 votes

Answer:

increase

increase

decrease

answered
User Mmurphy
by
7.9k points
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