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Author Question: A downward-sloping demand curve for Korean won in terms of Canadian dollars indicates that the ... (Read 103 times)

captainjonesify

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


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captainjonesify

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Reply #2 on: Jun 30, 2018
Thank you :)


cpetit11

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Reply #3 on: Jun 30, 2018
Happy to help you


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