Question
22) The supply of U.S. dollars in the foreign exchange market originates from A) Demand by foreigners for U.S.-produced goods. B) Demand for U.S. dollars
22) The supply of U.S. dollars in the foreign exchange market originates from
A) Demand by foreigners for U.S.-produced goods.
B) Demand for U.S. dollars for speculative purposes.
C) Foreign investments in America.
D) American demand for imported goods.
23) When Americans buy Mercedes-Benz automobiles made in Germany, they are generating a
A) Supply of U.S. dollars and a supply of a foreign currency.
B) Supply of U.S. dollars and a demand for a foreign currency.
C) Demand for U.S. dollars and a supply of a foreign currency.
D) Demand for U.S. dollars and a demand for a foreign currency.
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