If a fiNancial Portfolio Manager in the U

question 174

Multiple Choice

If a financial portfolio manager in the U.S. buys British company stocks in the London Stock Exchange, this would involve

• A) a demand for British pounds in the foreign exchange market.
• B) a supply of British pounds in the foreign exchange market.
• C) no effect on the demand for British pounds in the foreign exchange market.
• D) a demand for U.S. dollars in the foreign exchange market.

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Verbal communication between two or more parties over a telephone network.

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