Question

If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ ________ in demand for the​ US$ ________ the price of the​ US$ in terms of another currency such as the Japanese Yen ​(yen​).

Answer 1

If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ increase in demand for the​ US$ raises the price of the​ US$ in terms of another currency such as the Japanese Yen ​(yen​).

Step-by-step explanation:

Basic offer and demand law.