Multiple Choice
If U.S.residents chose to travel overseas less due to concerns about the safety of foreign travel,then in the open-economy macroeconomic model
A) the demand for dollars in the market for foreign-currency exchange shifts right.
B) the demand for dollars in the market for foreign-currency exchange shifts left.
C) the supply of dollars in the market for foreign-currency exchange shifts right.
D) the supply of dollars in the market for foreign-currency exchange shifts left.
Correct Answer:
Verified
Correct Answer:
Verified
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