Figures the Figure Above Shows the Demand Curve for Dollars in Curve

question 105

Multiple Choice

Figures

The figure above shows the demand curve for dollars in the foreign exchange market.
-If the exchange rate rises as shown by the arrow, the price of American exports to foreigners will be ________, and foreign nations will demand ________ dollars in order to buy ________ American exports.

• A) cheaper; more; more
• B) higher; more; more
• C) cheaper; fewer; fewer
• D) cheaper; fewer; more
• E) higher; fewer; fewer

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