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When a Nation's Demand Curve for Exports in Terms of the Foreign

Question 6

Multiple Choice

When a nation's demand curve for exports in terms of the foreign currency is inelastic:


A) the nation's supply curve of the foreign currency is negatively inclined
B) the nation's supply curve of the foreign currency is vertical
C) the nation's demand curve for the foreign currency is negatively inclined
D) the other nation's supply curve of the nation's currency is negatively inclined

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