Answer to Question #135040 in Macroeconomics for cameron

Question #135040
Which of the following will NOT cause a depreciation of the rand against the
dollar?
(2)
(1) A decrease in imports from the United States.
(2) A decrease in exports to the United States.
(3) A decrease in the number of tourists visiting South Africa from the United
States.
(4) An increase in the number of American investors selling their shares in South
African companies and converting the proceeds to dollars.
1
Expert's answer
2020-09-28T07:50:20-0400

All of the above are CORRECT Except Number 4: An increase in the number of American investors selling their shares in South African companies and converting the proceeds to dollars which brings about appreciation as more investors are coming to South Africa hence converting Dollars to Rands.



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