Multiple Choice
The figure above shows the supply curve of dollars in the foreign exchange market.
-If the exchange rate rises as shown by the arrow, the price of imports coming into the United States will be ________, Americans will supply ________ dollars in order to get the foreign exchange to purchase ________ imported goods.
A) lower; fewer; more
B) higher; more; more
C) lower; fewer; fewer
D) lower; more; more
E) higher; fewer; more
Correct Answer:
Verified
Related Questions