-In the Figure Above,the Shift in the Supply Curve for U.S.dollars

question 43

Multiple Choice

-In the figure above,the shift in the supply curve for U.S.dollars from S₀ to S₂ could occur when

• A) foreign interest rates rise.
• B) the expected future exchange rate rises.
• C) the U.S. interest rate rises.
• D) the current exchange rate falls.

---

Definitions:

Local

Pertaining to or occurring in a particular area, community, or jurisdiction, not widespread or general.

Ordinance

A law or regulation made by a local government or authority.

Course of Dealing

The course of dealing refers to the pattern of behavior between parties that establishes a common basis for their understanding in a contractual relationship.

Uniform Commercial Code

A set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.