Multiple Choice
Which of the following is included in the demand for dollars in the market for foreign-currency exchange in the open-market macroeconomic model?
A) A firm in the United States wants to buy softwood lumber from a Canadian firm.
B) A Bahamian bank desires to purchase Canadian government securities.
C) A Canadian citizen wants to buy a bond issued by a Swiss corporation.
D) A Canadian citizen exchanges dollars for UK pounds.
Correct Answer:
Verified
Correct Answer:
Verified
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