A supply of foreign exchange occurs in the United States when

Question

Quizplus · Accepted Answer

All of the above options can result in a supply of foreign exchange in the United States. When a U.S. citizen sells stock on a foreign stock exchange, they receive payment in foreign currency, which adds to the supply of foreign exchange. Similarly, when the United States exports goods like steel to other countries, payment is typically received in foreign currency, which also adds to the supply of foreign exchange. Finally, when U.S. citizens travel abroad, they may need to obtain foreign currency, which can also contribute to the supply of foreign exchange in the United States.

A Supply of Foreign Exchange Occurs in the United States