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Use the Graph Below to Answer Questions 9 - 12

question 12

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Use the graph below to answer questions 9 - 12.
Figure 1.1 Use the graph below to answer questions 9 - 12. Figure 1.1   -Refer to Figure 1.1.Suppose that the market for British pound is initially in equilibrium at point A with the exchange rate $2.00 per pound.Which of the following could shift the demand for pound from D<sub>1</sub> to D<sub>2</sub>? A)  Americans want to buy British goods more than before. B)  Americans want to buy British goods less than before. C)  British want to buy American goods more than before. D)  British want to buy American goods less than before.
-Refer to Figure 1.1.Suppose that the market for British pound is initially in equilibrium at point A with the exchange rate $2.00 per pound.Which of the following could shift the demand for pound from D1 to D2?


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