Which of the following does not result in a change in the demand for Mexican pesos?
A) changes in the supply curve of pesos on the foreign exchange market
B) changes in U.S. income
C) changes in U.S. tariff policy
D) appreciation of the dollar
E) devaluation of the peso

Question

Quizplus · Accepted Answer

Changes in the supply curve of pesos on the foreign exchange market affect the quantity of pesos supplied, not the demand for pesos. Demand factors include changes in income, prices of related goods, tastes, expectations, and the number of buyers, but not changes in the supply itself.

Which of the Following Does Not Result in a Change