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    Macroeconomics Study Set 43
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    Exam 18: B: The Balance of Payments and Exchange Rates
  5. Question
    The Foreign Demand Curve for a Nation's Currency Is Considered
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The Foreign Demand Curve for a Nation's Currency Is Considered

Question 18

Question 18

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The foreign demand curve for a nation's currency is considered to be a derived demand because it stems from the willingness of consumers in one country to buy goods and services from another country.

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