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AP Macroeconomics
Unit 6 – Open Economy – International Trade and Finance
Topic 6.3
What happens to the quantity of a currency purchased when the exchange rate falls?
The quantity of the currency purchased remains unchanged
The quantity of the currency purchased increases
The quantity of the currency purchased fluctuates randomly
The quantity of the currency purchased decreases
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AP Macroeconomics - 6.3 Foreign Exchange Market
Key terms
Exchange Rate
Quantity of a currency
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About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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