Q
Given a system of floating exchange rates rising income in the United States would trigger a (an) ?
-
A
A. Increasing in the demand for imports and an increasing in the demand for foreign currency
-
B
B. Increase in the demand for imports and decrease in the demand for foreign currency
-
C
C. Decrease in the demand for imports and an increase in the demand for foreign currency
-
D
D. Decrease in the demand for imports and a decrease in the demand for foreign currency
Correct Answer:
A. A. Increasing in the demand for imports and an increasing in the demand for foreign currency
