Choose the letter of the diagram in Figure 36.2 that represents the shift in the foreign exchange market for dollars given the following situation,ceteris paribus: A sudden,unexpected surge in inflation in the United States causes reduced purchases of U.S.goods by foreigners.
A) a.
B) b.
C) c.
D) D.As foreigners cut back on U.S.purchases,the demand for the dollar will decrease,causing a leftward shift of the demand curve.
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Q61: The quantity of foreign currency demanded or
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A)Income changes