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TArisorev TArisorev
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5 years ago
In the market for euros, the demand for euros () is
A) downward sloping, because at lower dollar prices for the euro, U.S. residents will buy more European goods and services.
B) upward sloping, because at higher dollar prices for the euro, U.S. residents will buy more European goods and services.
C) upward sloping, because at higher dollar prices for the euro, Europeans will buy more U.S. goods and services.
D) horizontal, because dollar prices of euros and euro prices of dollars are directly related.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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nsaknsak
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5 years ago
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TArisorev Author
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#2
5 years ago
White Heavy Checkmark Correct!
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