Which of the following generates demand for foreign currencies?
A. Imports of foreign goods by firms located in the United States.
B. The building of plants by foreign corporations in the United States.
C. Exports from the United States to foreign countries.
D. Foreign tourists traveling to the United States.
Answer: A
Economics
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The U.S. baseball glove industry is an oligopoly. This means that glove suppliers face a ________________ than a monopoly glove supplier would:
a. smaller price effect b. larger price effect c. lower cost structure d. higher cost structure
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Which of the following will LEAST likely generate positive external effects to society?
A) education B) fast food services C) health care D) requiring drivers to undergo periodic eye examinations
Economics