Why Does Anyone Demand Foreign Currency

question 105

Multiple Choice

Why does anyone demand foreign currency?

• A)International trade in goods and services
• B)International trade in financial assets
• C)Purchases of physical assets overseas
• D)All of the above are correct.

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Definitions:

Negligent

Failing to take proper care in doing something, resulting in damage or harm to another party.

Automobile

A wheeled motor vehicle used for transportation, typically fueled by gasoline, diesel, or electricity.

Negligence

The failure to exercise the care that a reasonably prudent person would exercise in like circumstances, leading to unintended harm or damage.

Unusual Circumstances

Situations that are not common or expected and often require special consideration or handling.