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Author Question: The supply of dollars in the foreign exchange market is likely to be upward sloping because as the ... (Read 72 times)

waynest

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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.


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Marked as best answer by waynest on Apr 19, 2019

Viet Thy

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waynest

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Reply 2 on: Apr 19, 2019
Gracias!


amandalm

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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