How will an increase in remittance flows to your country during the Christmas Season affect the market for foreign exchange? Select one: O a. Inward shift of the demand curve, real exchange rate falls and the balance of trade falls O b. Outward shift of the demand curve, real exchange rate rises and the balance of trade rises Inward shift of the demand curve, real exchange rate rises and the balance of trade falls Od. Inward shift of the supply curve, real exchange rate rises and the nce of trade rises Outward shift of the supply curve, real exchange rate falls and the balance of trade falls

How will an increase in remittance flows to your country during the Christmas Season affect the market for foreign exchange? Select one: O a. Inward shift of the demand curve, real exchange rate falls and the balance of trade falls O b. Outward shift of the demand curve, real exchange rate rises and the balance of trade rises Inward shift of the demand curve, real exchange rate rises and the balance of trade falls Od. Inward shift of the supply curve, real exchange rate rises and the nce of trade rises Outward shift of the supply curve, real exchange rate falls and the balance of trade falls

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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