Define the term derived demand

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Compose a 200-300 word response to the following questions in a Microsoft Word file and submit your assignment below.

Define the term "derived demand."

Why is the demand for foreign currency a derived demand?

The Week 8 edition of the TANSTAAFL TRIBUNE lists five factors that affect exchange rates. Choose two of those five factors and provide examples of how changes in the two factors you chose could cause a depreciation of the U.S. dollar. Be sure one of your examples is based on a product or service you use or a product/service used in your workplace

Reference no: EM131244503

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