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  3. Study Set
    Economics for Managers
  4. Exam
    Exam 15: International and Balance of Payments Issues in the Macro Economy
  5. Question
    In the Foreign Exchange Market,foreign Residents Wishing to Purchase U
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In the Foreign Exchange Market,foreign Residents Wishing to Purchase U

Question 3

Question 3

Multiple Choice

In the foreign exchange market,foreign residents wishing to purchase U.S.exports or U.S.real and financial assets must:


A) demand U.S. dollars by supplying their foreign currency.
B) demand U.S. dollars by supplying U.S. dollars.
C) supply U.S. dollars by demanding their foreign currency.
D) none of the above.

Correct Answer:

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