If people in the United States buy more of a foreign good when its price falls, then

Name: If people in the United States buy more of a foreign good when its price falls, then
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When people in the United States buy more of a foreign good when its price falls, they will need to exchange more U.S. dollars to buy the foreign currency needed to purchase the good. This increases the supply of U.S. dollars in the foreign exchange market, causing the supply curve for U.S. dollars to slope up.

If People in the United States Buy More of a Foreign