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If Americans Expect the Dollar Price of the British Pound

Question 12

Multiple Choice

If Americans expect the dollar price of the British pound to rise,this expectation will cause


A) a rightward movement along the U.S.demand curve for pounds
B) a leftward shift of the U.S.demand curve for pounds
C) a rightward shift the U.S.demand curve for pounds
D) a leftward movement along the U.S.demand curve for pounds
E) no change in the U.S.demand curve for pounds

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