The supply of U.S. dollars on foreign exchange markets is
A) determined directly by open market operations at the Federal Reserve Bank.
B) derived from the demand for U.S. products by foreigners.
C) derived from the supply of U.S. goods.
D) derived from the demand by United States for imported goods and services.
Correct Answer:
Verified
Q121: Flexible exchange rates are determined by
A) the
Q122: Flexible exchange rates exist when
A) no one
Q123: Checking exchange rates, you find $1 equals
Q124: Suppose the exchange rate was $0.50 for
Q125: If the exchange rate is such that
Q127: Under a flexible exchange rate system, a
Q128: Under a flexible exchange rate system, an
Q129: The demand for foreign currency in the
Q130: Suppose that the current exchange rate between
Q131: Exchange rates that are allowed to fluctuate
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