If the exchange rate rises as shown by the arrow in the figure above, the price of imports coming into the United States will be ________, Americans will supply ________ dollars in order to get the foreign exchange to purchase ________ imported goods
.
A) higher; more; more
B) lower; more; more
C) lower; fewer; more
D) lower; fewer; fewer
E) higher; fewer; more
The figure above shows supply curves of dollars in the foreign exchange market.
B
Economics