Figure 15-1 
-Refer to Figure 15-1. The supply curve of dollars in the foreign exchange market represents
I. U.S. purchases of imported goods and services.
II. payments to foreign owners of U.S. assets.
III. demand for U.S. Treasury bonds by U.S. residents.
IV. foreigners' purchases of U.S. assets.
A) I and II.
B) I, II and III
C) I, II and IV.
D) I, II, III and IV.
Correct Answer:
Verified
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