Hyundai is a large South Korean company that produces finished steel products. Hyundai plans to buy raw steel from U.S. Steel. As a result, the demand curve for U.S. dollars __________and the demand curve for South Korean won __________.
A) shifts rightward; shifts leftward
B) shifts rightward; does not shift
C) does not shift; shifts leftward
D) shifts leftward; shifts rightward.
Correct Answer:
Verified
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