Answer the Next Question on the Basis of the Table

question 184

Multiple Choice

Answer the next question on the basis of the table below that shows the exchange rate between various currencies and the U.S.dollar
December 2015 Exchange Rate December 2016 Exchange Rate
Currency (dollars per unit of foreign currency) (dollars per unit of foreign currency)
Mexican peso $0.07 $0.09
Swiss franc $1.10 $1.05
Japanese yen $0.010 $0.012
British pound $1.64 $1.58
-A demand for U.S.dollars would result from

• A) An American tourist visiting the British Museum in London
• B) A Japanese investor purchasing German securities
• C) Honda,a Japanese auto company,buying land in Alabama
• D) Airbus,a European firm,selling jetliners to airlines in South Korea

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Definitions:

Tornado Siren

A warning system used in many communities to alert citizens about the imminent danger of a tornado.

Excludable

A characteristic of a good or service that allows the owner to prevent others from using it without permission.

Rival In Consumption

A characteristic of a good whereby its consumption by one person diminishes its availability for another person.

Hersey-Blanchard

A situational leadership model proposing that effective leadership is a combination of adaptive leadership style and the maturity level of those being led.