Suppose there occurs an increase in the Canadian demand for Japanese computers This results in a (an) ?
Correct answer: A. increase in the demand for yen
- A. increase in the demand for yen
- B. decrease in the demand for yen
- C. increase in the supply of yen
- D. decrease in the Supply of yen
Explanation
Canadian purchases of Japanese computers require Canadians to acquire yen to pay Japanese sellers. This raises the demand for yen in the foreign-exchange market.
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