If the U.S.dollar increases in price in the foreign exchange market the result is that
A) it requires less of other currencies to buy U.S.dollars
B) it requires more of other currencies to buy U.S.dollars
C) it requires less U.S.dollars to buy other currencies
D) it requires more U.S.dollars to buy other currencies.
Correct Answer:
Verified
Q19: A currency requires less foreign currency to
Q20: Exports are
A)goods or services produced domestically but
Q21: A depreciation of a currency will
A)increase exports
Q22: An exchange rate which is determined by
Q23: Which of the following would not support
Q25: Goods that we _ another country are
Q26: Use the following information to answer questions
Q27: You buy a car from Germany.This constitutes
Q28: In the graph, the price of the
Q29: Goods that we _ another country are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents