Multiple Choice
Which of the following statements is incorrect?
A) Whatever causes U.S. residents to buy more foreign goods shifts the demand curve for the foreign currency to the right.
B) Whatever causes U.S. residents to buy fewer foreign goods shifts the supply curve of the foreign currency to the left.
C) Whatever causes foreigners to buy fewer foreign goods shifts the supply curve of the foreign currency to the left.
D) Whatever causes foreigners to buy more foreign goods shifts the supply curve of the foreign currency to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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