8. Suppose the French suddenly develop a strong taste for British Columbia wines. Answer the following questions

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8. Suppose the French suddenly develop a strong taste for British Columbia wines. Answer the following questions in words and using a diagram:

a. What happens to the demand for dollars in the market for foreign-currency exchange?

b. What happens to the value of dollars in the market for foreign-currency exchange?

c. What happens to the quantity of net exports?

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