Describe why supply curve for foreign currency is vertical


Problem

Explain why the supply curve for foreign currency is vertical. Let's say you return from a trip to Mexico with 1,000 pesos. If you decide to exchange these pesos for dollars, does your action shift the supply of pesos?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Describe why supply curve for foreign currency is vertical
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