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    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 9: The Exchange Rate and the Balance of Payments
  5. Question
    According to the Law of Supply in the Foreign Exchange
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According to the Law of Supply in the Foreign Exchange

Question 364

Question 364

True/False

According to the law of supply in the foreign exchange market, when the U.S. exchange rate rises, the quantity of U.S. dollars supplied will decrease.

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