Which of the Following Events Is Likely to Generate a Supply

question 75

Multiple Choice

Which of the following events is likely to generate a supply of U.S. dollars in the foreign exchange market?

• A) A Saudi Arabian citizen buys a condominium in New York.
• B) An American student will pay her way to attend her first year of college at Oxford, England.
• C) Alabama Mills exports 5,000 bales of cotton to Pakistan.
• D) Hans Meyer, a German citizen, plans to spend a month in California, sampling wines.

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Definitions:

Handwork

Manual or skilled labor involving the use of the hands and tools rather than machinery, often associated with crafts, artisanal production, and traditional techniques.

Machine Driven Industry

Industries that rely heavily on machinery and technology for production processes, marking a shift from manual to mechanized labor.

American Workers

Individuals employed in the United States, contributing to its economy and labor market.

Unskilled Workforce

A section of the labor market that has no special training or skills, typically associated with lower-paying jobs that require minimal education or training.