Exchanging dollars for euros to pay a computer manufacturer in Belgium would occur
A) in the foreign exchange market.
B) at the Federal Reserve.
C) at the European Central Bank.
D) in the letter of credit market.
A
Economics
You might also like to view...
In monopolistic competition there
A) are many firms and many buyers. B) are several large firms. C) is one large firm. D) might be many, several, or one firm. E) are many firms but only a few buyers.
Economics
If investment is interest-insensitive,
A) monetary policy has no impact on equilibrium income. B) monetary policy has no impact on the equilibrium interest rate. C) fiscal policy has no impact on equilibrium income. D) fiscal policy has no impact on the equilibrium interest rate.
Economics