QUESTION 1

Goodbye Fresh, a prepatory, home delivery meal service, imports fresh fish from Iceland and part of England. Your position there as Inventory Manager requires you to have sufficient knowledge on exchange rates and international markets.

Your supervisor asks you to confirm the following:

"In the market for foreign exchange between England and Iceland, the ______ includes everyone in _____ who wants to sell pounds to buy krona to in order to buy ______ , or ______ ."

options:

a)	a. supply of krona ; Britain ; goods in Iceland ; invest in Britain

b)	b. supply of pounds ; Iceland ; goods in Britain ; invest in Iceland

c)	c. supply of pounds ; Britain ; goods in Iceland ; invest in Iceland

d)	d. demand for pounds ; Britain ; goods in Britain ; invest in Britain