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The Figure Above Shows the Demand Curve for Australian Dollars

question 45

Multiple Choice

  The figure above shows the demand curve for Australian dollars in the foreign exchange market. -If the exchange rate rises as shown by the arrow in the figure above, the price of Australian exports to foreigners will be ________, and foreign nations will demand ________ dollars in order to buy ________ Australian exports. A)  higher; fewer; fewer B)  cheaper; fewer; fewer C)  cheaper; fewer; more D)  cheaper; more; more E)  higher; more; more The figure above shows the demand curve for Australian dollars in the foreign exchange market.
-If the exchange rate rises as shown by the arrow in the figure above, the price of Australian exports to foreigners will be ________, and foreign nations will demand ________ dollars in order to buy ________ Australian exports.


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