If Americans Expect the Dollar Price of the British Pound

question 12

Multiple Choice

If Americans expect the dollar price of the British pound to rise,this expectation will cause

• A) a rightward movement along the U.S.demand curve for pounds
• B) a leftward shift of the U.S.demand curve for pounds
• C) a rightward shift the U.S.demand curve for pounds
• D) a leftward movement along the U.S.demand curve for pounds
• E) no change in the U.S.demand curve for pounds

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