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Mathematics 20 Online
OpenStudy (anonymous):

How would political instability in a country affect the market for dollars there? The demand for dollars would decrease and the supply of dollars would increase. The demand for local currency would increase and the supply of dollars would decrease. The demand for local currency would decrease and supply of dollars would increase. The demand for dollars would increase and supply of dollars would decrease.

OpenStudy (anonymous):

c?

OpenStudy (anonymous):

Last one, I am sure

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

I'm with Imranmeah. That makes the most sense

OpenStudy (anonymous):

I agree. Why are all these questions apparently about Mexico?

OpenStudy (anonymous):

more people are willing to trust dollar than their own currency, Thus more buyer than seller

OpenStudy (anonymous):

i dont know but would it be c because inflation right?

OpenStudy (anonymous):

Supply and demand always works the same way. When the supply goes down, the demand goes up. When the supply goes up, the demand stays down.

OpenStudy (anonymous):

Hmm, trust the dollar, don't know about that...

OpenStudy (anonymous):

I meant in the case of political instability in a country

OpenStudy (anonymous):

Back to Mexico.....

OpenStudy (anonymous):

I worked there for a couple of years in the eighties....

OpenStudy (anonymous):

How did you like Mexico?

OpenStudy (anonymous):

If the government was collapsing, the dollar's value would be in serious jeopardy. In a foreign country with a shaky govt, certainly they would be willing to trust the dollar.

OpenStudy (anonymous):

Great country, lousy leaders so lousy currency.

OpenStudy (anonymous):

soo everyone agrees last one?

OpenStudy (anonymous):

There's more of Mexico's wealth in Spain than in Mexico.

OpenStudy (anonymous):

what do you mean?

OpenStudy (anonymous):

Sure, the last one.

OpenStudy (anonymous):

Who, me?

OpenStudy (anonymous):

ok this was good can everyone help in the next one

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