The supply of dollars in the foreign exchange market is likely to ...

[waynest]

The supply of dollars in the foreign exchange market is likely to be upward sloping because as the price of a dollar (the exchange rate) rises

◦ Americans demand fewer foreign goods because these goods have become more expensive to American consumers.
◦ Americans demand more foreign goods because these goods have become less expensive to American consumers.
◦ foreigners demand more American goods because these goods have become less expensive to foreign consumers.
◦ foreigners demand fewer foreign goods because these goods have become more expensive to foreign consumers.

[Viet Thy]

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[waynest]

Gracias!

[amandalm]

Thanks for the timely response, appreciate it