Which change affecting the foreign exchange market for the $US\$ $ would be most likely to result in a shift to the right of the demand curve and a movement along the supply curve?
1 )
The US government reduces subsidies on exports to the EU.
Foreign currency speculators in Switzerland believe that the $US\$ $ is undervalued and act accordingly.
3 )
The US government intervenes in the foreign exchange market so as to bring about a drop in the value of the $US\$ $.
4 )
US pharmaceutical companies experience a fall in demand for their products from the rest of the world.
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