If for some reason Americans desired to increase their purchases of foreign assets, then other things the same A. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would rise. B. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would fall. C. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign currency would fall. D. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign currency would rise.
If for some reason Americans desired to increase their purchases of foreign assets, then other things the same A. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would rise. B. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would fall. C. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign currency would fall. D. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign currency would rise.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
If for some reason Americans desired to increase their purchases of foreign assets, then other things the same
A. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would rise.
B. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would fall.
C. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign currency would fall.
D. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign currency would rise.
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