Author Question: A downward-sloping demand curve for Korean won in terms of Canadian dollars indicates that the ... (Read 42 times)

captainjonesify

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A downward-sloping demand curve for Korean won in terms of Canadian dollars indicates that the higher the dollar price of Korean won, the more won will be demanded.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following would cause a decrease in the exchange value of the U.S. dollar?
 a. A decrease in the amount of foreign debt purchased by U.S. citizens
  b. An increase in U.S. exports
 c. An increase in U.S. imports
 d. Increased demand by foreigners to buy U.S. government securities



cpetit11

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Answer to Question 1

False

Answer to Question 2

c



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