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An Increase in the Dollar Price of Foreign Goods Relative

Question 70

Multiple Choice

An increase in the dollar price of foreign goods relative to the dollar price of U.S. goods will have which of the following effects?


A) shift the supply curve of dollars in the foreign exchange market to the left
B) decrease the quantity supplied of dollars
C) shift the supply curve of dollars in the foreign market to the right
D) increase the quantity supplied of dollars

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