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The Supply Curve of U

Question 42

Multiple Choice

The supply curve of U.S.dollars in the foreign exchange market is:


A) downward-sloping because it is negatively related to U.S.exports.
B) downward-sloping because it is negatively related to U.S.imports.
C) upward-sloping because it is positively related to U.S.exports.
D) upward-sloping because it is positively related to U.S.imports.
E) horizontal because it is unrelated to foreign demand for U.S.goods and services

Correct Answer:

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