Figure 15-1
-Refer to Figure 15-1. An increase in purchases of U.S. goods and services by foreigners Jwould shift the

Name: Figure 15-1 -Refer to Figure 15-1. An increase in purchases of U.S. goods and services by foreigners Jwould shift the
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Figure 15-1 
-Refer to Figure 15-1. An increase in purchases of U.S. goods and services by foreigners Jwould shift the

Quizplus · Accepted Answer

An increase in purchases of U.S. goods and services by foreigners would lead to an increase in demand for dollars, as foreign buyers would need dollars to pay for their purchases. Therefore, the demand for dollars curve would shift to the right.

Figure 15-1 -Refer to Figure 15-1. an Increase in Purchases of U.S