Which of the Following Creates a Supply of Euro in Foreign

question 55

Multiple Choice

Which of the following creates a supply of Euro in foreign exchange markets?

• A)a Frenchman redeems a bond issued by an Italian manufacturer.
• B)an Italian importer buys insurance from a Canadian firm.
• C)a Canadian student takes a summer trip to Rome.
• D)a Canadian importer buys 500 cases of Italian table wine.

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Definitions:

Federalists

Supporters of the ratification of the U.S. Constitution, who advocated for a strong national government.

Constitutional Amendment

A change or addition to the constitution, usually requiring a significant agreement process by legislatures and sometimes the public.

James Madison

Known as the "Father of the Constitution" for his pivotal role in drafting and promoting the United States Constitution and the Bill of Rights.

Bill of Rights

The first ten amendments to the U.S. Constitution, ratified in 1791, guaranteeing specific freedoms and rights to American citizens.