Which of the following creates a demand for U.S. dollars?
A) Toyota, a Japanese firm, purchasing land in Texas
B) a U.S. restaurant purchasing Mexican tomatoes
C) a U.S. tourist catching a show in London
D) a Japanese tourist catching a show in London

Question

Quizplus · Accepted Answer

When Toyota, a Japanese firm, purchases land in Texas, it needs to convert its yen into U.S. dollars to complete the transaction, thereby creating a demand for U.S. dollars.

Which of the Following Creates a Demand for U