Ceteris paribus,if African countries experience a drought and purchase food from the United States,the currencies of the African countries should

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If African countries purchase food from the United States due to a drought, it means they will have to pay for this food with their domestic currency. The increased demand for dollars to purchase the food will cause the value of the African countries' currencies to depreciate. At the same time, the increased demand for dollars will cause the value of the dollar to appreciate. Therefore, African countries' currencies should depreciate, while the dollar should appreciate.

Ceteris Paribus,if African Countries Experience a Drought and Purchase Food