Solved

The Foreign Demand Curve for a Nation's Currency Is Considered

Question 95

Multiple Choice

The foreign demand curve for a nation's currency is considered to be a derived demand because:


A) it stems from the willingness of consumers in one country to buy goods and services from another country.
B) it stems from the willingness of consumers within their country to buy goods and services that are produced within their country.
C) it is derived from the demand of governments.
D) it is derived by a nation's central bank.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions