A demand for U.S.dollars would result from
A) an American tourist visiting the British Museum in London.
B) a Japanese investor purchasing German securities.
C) Honda, a Japanese auto company, buying land in Alabama.
D) Airbus, a European firm, selling jetliners to airlines in South Korea.

Question

Quizplus · Accepted Answer

Honda, a Japanese auto company, buying land in Alabama would require converting Japanese yen to U.S. dollars to complete the transaction, thus increasing the demand for U.S. dollars.

A Demand for U.S.dollars Would Result from