Ceteris paribus, an increase in the U.S. demand for Greek goods in Figure 36.1 will

A. Result in a movement from M to R on the supply curve for dollars.
B. Result in a movement from M to N on the demand curve for dollars.
C. Make U.S. goods more expensive to Greek residents.
D. Increase the dollar price of euros above $2 = 1 euro.


Answer: B

Economics

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