Answer to Question #251588 in Economics for rah

Question #251588

with the aid of a graph, what will happen to the rand/dollar exchange rate and the equilibrium quantity of dollars if South African exports to the United States increase. 


1
Expert's answer
2021-10-18T11:27:37-0400

If South African exports to the United States increase, then the supply of dollars in South Africa will increase, as a result the the rand/dollar exchange rate will increase and the equilibrium quantity of dollars will increase.


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