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Foreign Exchange Rate · Question 20 of 50

Question 20

MediumOriginal question

Which of these would shift the supply curve of dollars in India to the left?

Options for question 20

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Fewer dollars come in at every exchange rate, so supply falls.

Concept
Fall in supply of forex
Typical time
70 s
Your time
—
The rule this testsDemand for and supply of foreign exchange
Practise this chapter →

Ten questions from Foreign Exchange Rate, at your own pace.

Practise this chapter →

Ten questions from Foreign Exchange Rate, at your own pace.