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U.S. residents come to believe that the dollar will appreciate in the future, that is, the exchange rate in the future will be higher than
U.S. residents come to believe that the dollar will appreciate in the future, that is, the exchange rate in the future will be higher than the current exchange rate. As a result
A) the demand curve for dollars shifts rightward.
B) there is a movement downward along the demand curve for dollars.
C) the demand curve for dollars shifts leftward.
D) None of the above answers are correct
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