Question #111955

Which change in the rand-dollar foreign exchange market will cause ZAR (rand) to appreciate and the amount of USD traded daily increases?
A. a shift of the supply of the USD curve to the left
B. a shift of the supply of the USD to the right
C. a shift of the demand of the USD to the left
D. a shift of the demand of the USD to the right

Expert's answer

A shift of the supply of the USD curve to the right will cause the ZAR to appreciate and the amount of USD traded daily to increase.



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