If the pound sterling appreciates against the U.S. dollar, England buys _____ U.S. goods, causing the U.S. aggregate demand curve to shift to the _____.
A) more; right
B) more; left
C) fewer; left
D) fewer; right

Question

Quizplus · Accepted Answer

When the pound appreciates, U.S. goods become cheaper for England, leading to increased purchases and a rightward shift in the U.S. aggregate demand curve.

If the Pound Sterling Appreciates Against the U