Which one of the following would supply dollars to the foreign exchange market?
a. the spending of U.S. tourists in Europe
b. the purchase of U.S. automobiles by Japanese consumers
c. the sale of U.S. automobiles to European consumers
d. the purchase of an American electronics factory by a Japanese investor
A
You might also like to view...
A debtor nation means a nation
A) whose imports exceeds its exports. B) whose current account is less than its capital account. C) who—through its history—has invested less in the rest of the world than other countries have invested in it. D) whose current lending to the rest of the world exceeds its borrowing from the rest of the world.
If marginal revenue equals marginal cost, the firm is maximizing profits as long as
A) the resulting profits are positive. B) marginal cost exceeds marginal revenue for greater levels of output. C) the average cost curve lies above the demand curve. D) All of the above are required.