Which of the following would most likely be a supplier of U.S. dollars in the foreign exchange market?
A) A Swedish resident who is traveling to the United States
B) A French investor who intends to buy U.S. government bonds
C) A resident of Belgium who is traveling to Australia
D) A U.S. company that is importing oranges from Israel
E) A French importer of U.S. beef

Question

Quizplus · Accepted Answer

A U.S. company that is importing oranges from Israel would need to convert their U.S. dollars to Israeli shekels in order to pay their supplier. Therefore, they would be a supplier of U.S. dollars in the foreign exchange market.

Which of the Following Would Most Likely Be a Supplier