The quantity of dollars supplied will decrease if:

CA Foundation · Business Economics · MTP · June 2024
The quantity of dollars supplied will decrease if:
(A) A. imports into the United States increase.
(B) B. the expected future exchange rate falls.
(C) C. the interest rate in the United States falls.
(D) D. fewer U.S. residents travel abroad.

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. fewer U.S. residents travel abroad.

Topics: International Trade

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic