Answer to Question #133119 in Macroeconomics for Thabang

Question #133119
An increase in criminal activity in South Africa acts as a deterrent to foreign tourists considering visiting South Africa, and as a result, there is a decline in the number of American tourists to South Africa.
Explain, with the aid of a graph, the effect of this on the rand/dollar exchange rate and the equilibrium quantity of dollars.
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Expert's answer
2020-09-14T07:55:51-0400
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