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Consider the Market for Dollars

Question 7

Multiple Choice

Consider the market for dollars. If the exchange rate rises from 2 pesos per dollar to 4 pesos per dollar


A) the supply curve of dollars shifts leftward.
B) the supply curve of dollars shifts rightward.
C) there is an upward movement along the supply curve for dollars.
D) there is a downward movement along the supply curve for dollars.

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