Which One of the Following Would Create a Demand for a Foreign

question 99

Multiple Choice

Which one of the following would create a demand for a foreign currency and supply of dollars in the foreign exchange market?

• A) the sale of U.S. automobiles to a Mexican consumer
• B) the spending by British tourists in the United States
• C) the purchase of 1,000 shares of IBM stock by a Latin American investor
• D) the purchase of Japanese televisions by an American distributor