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Which of the following gives rise to transaction demand for a currency? The Bank of Japan sells yen in the foreign currency markets. A Chinese
Which of the following gives rise to transaction demand for a currency? The Bank of Japan sells yen in the foreign currency markets. A Chinese investor buys U.S. T-bonds, expecting dollars to appreciate. A Japanese car maker pays a U.S. engine manufacturer in dollars
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
