contestada

In the exchange rate market between the Chinese yuan and U.S. dollar if the demand for the U.S. dollar Increases
Multiple Choice
the price of the Chinese yuan will increase and the quantity traded will increase.
the price of the U.S. dollar will increase and the quantity traded will increase.
the price of the Chinese yuan will increase and the quantity traded will decrease.
the price of the U.S. dollar will increase and the quantity traded will decrease.
O
о
O

Respuesta :

Khember

The economics of supply and demand dictate that when demand is high, prices rise and the currency appreciates in value. In contrast, if a country imports more than it exports, there is relatively less demand for its currency, so prices should decline. In the case of currency, it depreciates or loses value

Otras preguntas