Assume there is an increased demand in the United States for Australian wines. If all other factors are held constant, this will result in

A) an increase in the U.S. dollar exchange rate for Australian dollars.
B) an appreciation of the U.S. dollar.
C) a movement along the demand curve for Australian wine.
D) a decrease in the par value of the Australian dollar.

A

Economics

You might also like to view...

Suppose that real GDP for 2015 was $10,000 billion and real GDP for 2016 was $11,000 billion. What is the rate of growth of real GDP between 2015 and 2016?

A) 1% B) 2% C) 5% D) 10%

Economics

Investment banks operate in the

A) secondary market. B) primary market. C) syndicated market. D) money market.

Economics