Multiple Choice
Which of the following creates a supply of Euro in foreign exchange markets?
A) a Frenchman redeems a bond issued by an Italian manufacturer.
B) an Italian importer buys insurance from a Canadian firm.
C) a Canadian student takes a summer trip to Rome.
D) a Canadian importer buys 500 cases of Italian table wine.
Correct Answer:
Verified
Correct Answer:
Verified
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