An American firm that buys foreign exchange because its managers expect the dollar to depreciate is

A) increasing the supply of foreign exchange.
B) decreasing the demand for foreign exchange.
C) speculating.
D) hedging.

D

Economics

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Legislated federal government payments that anyone who qualifies can receive are called

A) controllable expenditures. B) a fiscal stabilizer. C) balanced expenditures. D) entitlements.

Economics

If the economy were producing at point Z and moved to point D,


A. it could only produce more butter at the sacrifice of some gun production.
B. it could only produce more guns at the sacrifice of some butter production.
C. it could produce more guns and more butter at the same time.
D. it would be impossible to produce more guns without the sacrifice of some butter production.

Economics