Which of the Following Transactions Would Not Necessitate Foreign Exchange

question 30

Multiple Choice

Which of the following transactions would not necessitate foreign exchange?

• A) a student from Japan buying a hamburger at the snack bar on an American college campus
• B) an American college student purchasing a new mobile telephone device in the United States.
• C) an American tourist who purchases a beer with U.S. dollars at a pub in Tijuana, Mexico.
• D) the Japanese investor buying stock in "The Walt Disney Company"
• E) None-all of these transactions involve foreign exchange.

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