Use the following to answer questions .
Exhibit: Exchange Rates 
-(Exhibit: Exchange Rates) The supply curve of dollars in the foreign exchange market represents
I. U.S. purchases of imported goods and services.
II. payments to foreign owners of U.S. assets.
III. demand for U.S. Treasury bonds by U.S. residents.
IV. foreigners' purchases of U.S. assets.
Definitions:
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