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Other Fields Homework Help Economics Topic started by: NYC on Jan 13, 2016



Title: The supply of dollars in the foreign exchange market is likely to be upward sloping because as the p
Post by: NYC on Jan 13, 2016
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:
A) foreigners demand fewer foreign goods because these goods have become more expensive to foreign consumers.
B) foreigners demand more American goods because these goods have become less expensive to foreign consumers.
C) Americans demand fewer foreign goods because these goods have become more expensive to American consumers.
D) Americans demand more foreign goods because these goods have become less expensive to American consumers.


Title: Re: The supply of dollars in the foreign exchange market is likely to be upward sloping because as t
Post by: Jesslyn on Jan 14, 2016
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Title: Re: The supply of dollars in the foreign exchange market is likely to be upward sloping because as the p
Post by: NYC on Jan 28, 2016
Good answer, thanks.