Explain all option plz......you will not explain all option then I will give you down upvote... The diagram shows the market equilibrium exchange rate between the South African rand and the U.S. dollar (USD). Recently,due to a shift in global demand, South African exports have decreased. Shift the demand and supply curves as appropriate.Exchange rate (USD per rand)Quantity of randSupplyDemandAs a result of the change in the exchange rate,both South Africa's current account balance and itsfinancial account balance will rise.both South Africa's current account balance and itsfinancial account balance will fall.South Africa's current account balance will rise, andits financial account balance will fall.South Africa's current account balance will fall,and its financial account balance will rise.

The situation and determine the impact of the shift in global demand on the South African rand (ZAR)…

Answered: The diagram shows the market…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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