Assume That There Is an Increased Demand in the United

question 212

Multiple Choice

Assume that there is an increased demand in the United States for European wines. If all other factors are held constant, this change will result in

• A) an increase in the exchange rate for euros.
• B) an appreciation of the dollar.
• C) a movement along the demand curve for euros.
• D) a decrease in the value of the euro.

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