The sale of foreign bonds by a foreign corporation leads to:
A) an increase in the supply of the foreign currency
B) an increase in the demand for the foreign currency
C) a decrease in the supply of the domestic currency
D) both an increase in the demand for the foreign currency and a decrease in the supply of the domestic currency
Correct Answer:
Verified
Q6: The ABS defines the concept of 'resident'
Q7: The balance of payments is an accounting
Q8: The balancing item appears on the balance
Q9: The Australian current account, since 1972, has
Q10: The Australian financial account, since 1972, has
Q12: The demand for foreign exchange rises as
Q13: A change in the exchange rate (S)
Q14: A rise in the exchange rate (S)
Q15: A fall in the exchange rate (S)
Q16: An increase in domestic economic growth rate,
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