Primary sources of demand for British pounds in the foreign exchange market include ____.

Question

Quizplus · Accepted Answer

All of the options are correct primary sources of demand for British pounds in the foreign exchange market. Foreign buyers of British exports must pay in pounds, foreign investors who want to invest in physical or financial assets in Great Britain will need to exchange their own currency for pounds, and speculators who anticipate the pound to increase in value relative to other currencies will buy pounds as well.

Primary Sources of Demand for British Pounds in the Foreign