An increase in the rate of interest that can be earned on Indian investments above the rate that can be earned on U.S. investments would:
A) increase the supply of Indian rupees to those holding U.S. dollars.
B) decrease the demand for Indian rupees by those holding U.S. dollars.
C) increase the equilibrium dollar price of Indian rupees for those holding U.S. dollars.
D) all of the above.
Correct Answer:
Verified
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