If U.S. consumers decrease their demand for German goods, this would have what effect Dif: 3 on the foreign exchange market for euros?

a. decrease in demand
b. increase in demand
c. no effect
d. decrease in supply
e. increase in supply

A

Economics

You might also like to view...

Provide a definition of development economics. Justify your choice carefully

What will be an ideal response?

Economics

As the definition of products narrows (i.e., becomes more specific), the concentration ratio

A) is not valid. B) tends to decrease. C) tends to increase. D) does not change in any predictable manner.

Economics