The supply curve of a foreign currency by those wishing to acquire U.S. dollars slopes:

Question

Quizplus · Accepted Answer

The supply curve of a foreign currency slopes upward because as the price of the foreign currency in terms of U.S. dollars increases, suppliers are willing to supply more of the foreign currency in exchange for U.S. dollars. This is because they receive more dollars for each unit of foreign currency sold, making the exchange more attractive.

The Supply Curve of a Foreign Currency by Those Wishing