If the dollar price of a foreign currency increases,there will be a(n)
A) rightward movement along the supply of foreign exchange curve
B) leftward movement along the supply of foreign exchange curve
C) leftward shift of the supply of foreign exchange curve
D) rightward shift of the supply of foreign exchange curve
E) tendency for the supply of foreign exchange curve to become flatter

Question

Quizplus · Accepted Answer

An increase in the dollar price of a foreign currency results in a rightward movement along the supply curve, as suppliers are willing to supply more foreign currency at higher prices.

If the Dollar Price of a Foreign Currency Increases,there Will