Which of the following would be part of the Thai demand for U.S.dollars?
A) A Thai street seller trying to sell a shirt to an American tourist
B) A Thai bank selling dollars it possesses in exchange for euros
C) An American exchanging dollars for Thai bahts that she will spend on her next vacation to Bangkok
D) A Thai export company selling its products in the American markets
E) A Thai importer that wants to buy a Caterpillar tractor
Correct Answer:
Verified
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Q29: The primary international reserve asset is _.
A)yen
B)eurobonds
C)ringgit
D)U.S.dollars
E)yuan
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