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Which of the Following Events Is Likely to Generate a Demand

Question 30

Multiple Choice

Which of the following events is likely to generate a demand for U.S. dollars in the foreign exchange market?


A) A Saudi Arabian citizen buys a condominium in New York.
B) An American student will begin her first year of college at Oxford, England.
C) Wal-Mart imports 5,000 bicycles from China to sell in its stores.
D) The Illinois Chamber of Commerce will finance and lead a trade mission to India.

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