If the Exchange Rate Rises, Foreign Residents Want to Purchase

question 112

Short Answer

If the exchange rate rises, foreign residents want to purchase ______ domestic goods and domestic residents want to purchase _____ foreign goods. In the market for foreign-currency exchange, these changes are shown as a _______ in the quantity of dollars ______.

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Definitions:

Online Community

A virtual community where individuals gather and interact through the internet, sharing common interests or goals.

Communications

The act or process of using words, sounds, signs, or behaviors to express or exchange information.

Level Of Participation

The degree or extent to which individuals or entities are actively involved or engaged in an activity or process.

Democracy

A system of government in which power is vested in the people, who rule either directly or through freely elected representatives.