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tlc_71111 tlc_71111
wrote...
Posts: 507
4 years ago
As the Indian rupee depreciates relative to the dollar, total spending on Indian goods and assets will increase. Therefore, in the foreign exchange market, the

▸ supply curve of dollars is upward sloping.

▸ demand curve for euros is upward sloping.

▸ supply curve of euros is downward sloping.

▸ demand curve for dollars is upward sloping.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Do What Makes You Come Alive
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kiyomikakiyomika
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4 years ago
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