if-the-exchange-rate-for-us-dollars-increases-what-happens-to-the-quantity-of-us

Question

If the exchange rate for US dollars increases, what happens to the quantity of US dollars demanded, and how is this represented on a demand curve?

Accepted Answer

The quantity demanded decreases, and there is a movement up along the demand curve.

Answer

The quantity demanded increases, and the demand curve shifts to the right.

Answer

The quantity demanded decreases, and the demand curve shifts to the left.

Answer

The quantity demanded increases, and there is a movement down along the demand curve.