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In a Foreign Exchange Market Diagram with Pesos Per Dollar

Question 113

Multiple Choice

In a foreign exchange market diagram with pesos per dollar on the vertical axis,the quantity of __________ would be on the horizontal axis,and the U.S.demand for Mexican goods would help to determine the __________ curve.


A) dollars; demand
B) dollars; supply
C) pesos; demand
D) pesos; supply

Correct Answer:

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