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Exhibit 21-5 International currency markets Yen Market Dollar Market Dollars Yen Yen Dollars 20) Exhibit 21-5 displays the international currency market for yen in terms
Exhibit 21-5 International currency markets Yen Market Dollar Market Dollars Yen Yen Dollars 20) Exhibit 21-5 displays the international currency market for yen in terms of dollars and dollars in terms of yen. The supply curve in graph 5(A) is comprised of A U.S citizens attempting to purchase Japanese-made goods B Japanese attempting to purchase U.S -made goods. C. U.S. businesses attempting to sell to the Japanese. D. Japanese businesses attempting to sell to the Uu.s E. the U.S govenment attempting to unload dolars to the international market. 21) Exhibit 21-5 displays the international curenoy market for yen in terms of dollars and dolilars in terms of yen. The demand curve in graph 5(A) is comprised of A U.S citizens attempting to purchase Japanese-made goods. 8 Japanese attempting to purchase U.s-made goods. C. U.S businesses attempting to sell to the Japanese. D. Japanese businesses attempting to sell to the U.s. E the U.S govenment attempting to unload dollars to the international market. 22) Eschibit 21-5 displays the international currency market for yen in terms lars and dollars in terms of yen. The demand curve in graph 5(B) is comprised of A U.S. citizens attempting to purchase Japanese-made goods B. Japanese attempting to purchase U.S-made goods. C. US. businesses attempting to sell to the Japanese. D. Japanese businesses attempting to sell to the U.S. E. the U.S. government attempting to unload dollars to the international market 23) Exhibit 21-5 displays the international currency market for yen in terms of dollars and dollars in terms of yen supply curve in graph 5(B) is comprised of A U.S. citizens attempting to purchase Japanese-made goods. B. Japanese attempting to purchase U.S.-made goods. C. U.S. businesses attempting to sell to the Japanese. D. Japanese businesses attempting to sell to the U.S. E. the U.S. government attempting to unload dollars to the international market
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