After some troubling times in Egypt, American tourists are visiting in record numbers. As a result, demand for Egyptian pounds will _____ which means its value will _____ against the U.S. dollar, all else equal.

Question

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As American tourists visit Egypt in record numbers, they will need more Egyptian pounds for their expenses, increasing the demand for the currency. This increased demand will cause the Egyptian pound to appreciate against the U.S. dollar, all else being equal.

After Some Troubling Times in Egypt, American Tourists Are Visiting