18. If more American tourists visit South Africa. The _____________________ of dollars increases and the dollar in the rand/dollar exchange rate _____________________. A Supply; depreciates B Demand; depreciates C Supply; appreciates D Demand; appreciates
18. If more American tourists visit South Africa. The _____________________ of dollars increases and the dollar in the rand/dollar exchange rate _____________________. A Supply; depreciates B Demand; depreciates C Supply; appreciates D Demand; appreciates
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
Section: Chapter Questions
Problem 32P: A British pound cost 2.00 in U.S. dollars in 2008, but 1.27 in U.S. dollars in 2017. Was the pound...
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18. If more American tourists visit South Africa. The _____________________ of dollars increases and the dollar
in the rand/dollar exchange rate _____________________.
A
B Demand
C Supply; appreciates
D Demand; appreciates
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