From beginner to expert, IDNLearn.com has answers for everyone. Our experts provide timely, comprehensive responses to ensure you have the information you need.

If the exchange rate​ rises, then the quantity of dollars demanded​ ________ because with the higher u. S. Exchange​ rate, u. S. Exports​ ________.

Sagot :

If the exchange rate rises, the quantity of dollars required decreases along the demand curve for dollars.

Demand curve for dollars

The demand curve for dollars illustrates the relationship between the amount of dollars and the exchange rate between pesos and dollars. It descends downward because Mexicans demand more dollars as the price descents. A fall in price signifies that the dollar is devaluating in value relative to the peso.

The demand curve for the foreign exchange is shown in where the pace of foreign exchange and the quantity of foreign exchange required have been shown on the Y axis and X axis respectively.

To learn more about Demand curve visit the link

https://brainly.com/question/13131242

#SPJ4