As the Dollar Price of a Foreign Currency (For Example,dollars

question 40

Multiple Choice

As the dollar price of a foreign currency (for example,dollars per yen) increases,__________ dollars will be demanded by foreigners,U.S.goods will be __________ expensive for foreigners,__________ U.S.goods will be purchased by foreigners,and __________ foreign currency will be supplied to the foreign exchange market.

• A) more; less; more; more
• B) more; less; more; less
• C) fewer; more; fewer; less
• D) fewer; more; fewer; more

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Definitions:

Mineral

A naturally occurring, inorganic solid with a definite chemical composition and crystalline structure, used in various industries.

Conservation

The sustainable management and use of natural resources to prevent depletion or degradation, safeguarding biodiversity and ecosystems.

Scarcer

Describes a condition where resources, goods, or services become less available or in shorter supply than previously.

Price Rises

A situation where the cost of goods or services increases over time due to factors like inflation, increased demand, or higher production costs.