Question
1) Which of the following actions created a demand for Euros A) An American firm purchasing land in Warsaw for a factory B) An American
1) Which of the following actions created a demand for Euros
A) An American firm purchasing land in Warsaw for a factory
B) An American firm purchases Mexican tomatoes
C) a U.S. tourist catching a show in London
2) When your firm creates sales in another country, your firm is holding the money of some other country, you exchange that currency for U.S. dollars, so you are ________ U.S. dollars and ________ that other country's money for the exchange.
A) demand, supply B) supply, supply
C) supply, demand D) demand, demand
D) a Japanese tourist catching a show in London.
3) When the exchange rate falls for Dollars, in the foreign exchange market the
A) quantity demanded of the dollar increases. B) demand for the $ currency increases.
C) quantity demanded of the $ decreases. D) demand for the $ decreases
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