Americans demand British pounds so they can
A) supply the British with U.S.dollars to buy American goods.
B) improve the current account deficit.
C) promote American goods in Great Britain.
D) buy British goods.
Correct Answer:
Verified
Q143: The market in which the currency of
Q144: Most of the dollars that foreigners have
Q145: The exchange rate between the U.S.dollar and
Q146: In 2009,the gap between foreign assets in
Q147: If the dollar rose by 35% relative
Q149: The world has had a freely floating
Q150: Which is the most accurate statement?
A)The gold
Q151: The United States became a debtor nation
Q152: Statement I.We are borrowing from abroad to
Q153: The "Big Mac index" was created by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents