Multiple Choice
Which of the following is the correct way to show the effects of a new import quota?
A) Shift the demand for loanable funds right, the supply of dollars for foreign exchange right, and the demand for dollars left.
B) Shift the demand for loanable funds right, and the supply of dollars for foreign exchange left.
C) Shift the demand for dollars for foreign-currency exchange left.
D) Shift the demand for dollars for foreign-currency exchange right.
Correct Answer:
Verified
Correct Answer:
Verified
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