Which of the Following Would NOT Induce the U

question 3

Multiple Choice

Which of the following would NOT induce the U.S.demand curve for foreign exchange to shift backward to the left?

• A) worsening American tastes for goods produced overseas
• B) decreasing interest rates in the U.S. compared to those overseas
• C) a fall in the level of U.S. income
• D) a depreciation in the U.S. dollar against foreign currencies

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