Question 12 Not yet answered Poines out of 1.00 P Flag question Select one: O a.

Question

Question 12 Not yet answered Poines out of 1.00 P Flag question Select one: O a. octuate to equate impoets and exports floctaate to equate the quantity of foreign exchange denmsanded with the quantity supplied froctuate to equate interest rates in various countries loctute accoeding to agreements between the governments of various countries are always fixed between the currencies of two countries Question 13 Not yet answered Points out of 1.00 P Flag question For the US, a drop in the price of foreigs exchange means that Select one a. imports wil become ore esxpensive worldwide t S. dollar." seeded to purchase fore gn anney." Od. more U.S. dollars are seeded to purchase foreigs carency

Explanation / Answer

12> b

In the exchange market, the exchange depends on the demand and supply of the currency.

13> b

Since there is a price drop, less USD will be required to purchase foreign currency.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.