Which One of the Following Would Supply Dollars to the Foreign

question 55

Multiple Choice

Which one of the following would supply dollars to the foreign exchange market?

• A) the sale of U.S. automobiles to a Mexican consumer
• B) the spending of British tourists in the United States
• C) the purchase of Canadian oil by a U.S. consumer
• D) the sale of a U.S. corporation to a Saudi Arabian investor

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Definitions:

Treasury Bond

Long-term, government-issued debt securities with a fixed interest rate, considered low-risk investments.

Ford

An American multinational automaker known for its production and sale of cars, trucks, and commercial vehicles.

Shell Oil

A major global group of energy and petrochemical companies known for exploring for and extracting crude oil and natural gas.

Ask Price

The lowest price at which a seller is willing to sell a security or commodity.