A booming economy tends to create:
A) an increase in the supply of foreign exchange.
B) a decrease in the supply of foreign exchange.
C) an increase in the demand for foreign exchange.
D) a decrease in the demand for foreign exchange.
E) no demand for foreign exchange.

Question

Quizplus · Accepted Answer

A booming economy often leads to increased imports and investments abroad, which raises the demand for foreign exchange to pay for these activities.

A Booming Economy Tends to Create