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If Philippine businesses are purchasing goods from the U.S. by buying U.S. dollars it would Increase the demand for U.S. dollars and Filipino pesos. increase
If Philippine businesses are purchasing goods from the U.S. by buying U.S. dollars it would
- Increase the demand for U.S. dollars and Filipino pesos.
- increase the demand for U.S. dollars and the supply of Filipino pesos on the foreign exchange market.
- increase the supply of U.S. dollars and decrease the demand for Filipino pesos on the foreign exchange market.
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
