Primary Sources of Supply of British Pounds in the Foreign

question 34

Multiple Choice

Primary sources of supply of British pounds in the foreign exchange market include ____.

• A) British importers who need to convert their pounds into foreign currency to pay for purchases
• B) foreign investors who desire to make investments in physical or financial assets in Great Britain
• C) speculators who expect British pounds to increase in value relative to other currencies
• D) U.S. importers who need to convert dollars to pounds to pay for purchases

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Definitions:

Loneliness

A complex emotional state typically characterized by feelings of isolation and a perceived lack of social connection or companionship.

Basic Anxiety

A theory proposed by Karen Horney that suggests anxiety is the primary driving force behind human behavior, originating from childhood feelings of helplessness and isolation.

Helplessness

A state of being unable to prevent or avoid negative outcomes, often leading to feelings of powerlessness.

Cognitive Complexity

A cognitive style or way of construing the environment characterized by the ability to perceive differences among people.