For each of the following,state whether it creates a demand for or a supply of U.S.dollars:
(a)A Japanese automobile firm builds an assembly plant in Ohio.
(b)A U.S.importer purchases a shipload of Saudi Arabia oil.
(c)A U.S.student spends a summer in England studying in Oxford.
(d)A French exporter ships products to Argentina using an American freighter.
(e)Currency traders feel that the value of the U.S.dollar will fall in the near future and act on that feeling.
Correct Answer:
Verified
(b)Supply...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q181: Where would each of the following appear
Q182: What overall effect does contractionary monetary policy
Q183: List the advantages and disadvantages of a
Q184: What is a fixed exchange rate policy?
Q185: If a country wants to use stabilization
Q187: Suppose a government wants to fix its
Q188: What are the three pathways through which
Q189: Explain the effect of an expansionary fiscal
Q190: What are the three pathways through which
Q191: Explain the effect that a rise in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents