Exhibit 21-5 International currency markets
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Exhibit 21-5 displays the international currency market for yen in terms of dollars and dollars in terms of yen. The supply curve in graph 15-5(A) is determined by:
A. U.S. citizens attempting to purchase Japanese-made goods.
B. Japanese attempting to purchase U.S.-made goods.
C. U.S. businesses attempting to sell to the Japanese.
D. Japanese businesses attempting to sell to the U.S.
Answer: A
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