Hyundai is a large South Korean company that produces finished steel products. Hyundai plans to buy raw steel from the U.S. Steel company. As a result, the demand curve for U.S. Dollars ________ and the demand curve for South Korean Won (i.e. the South Korean currency) ________.

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Hyundai's purchase of raw steel from the U.S. Steel company will increase the demand for U.S. Dollars, as Hyundai will need to exchange South Korean Won for U.S. Dollars to make the purchase. This will shift the demand curve for U.S. Dollars rightward. The purchase will not have a direct impact on the demand for South Korean Won, so the demand curve for South Korean Won will not shift.

Hyundai Is a Large South Korean Company That Produces Finished