In Foreign Exchange Markets,how Is the Demand for Dollars Determined

question 63

Multiple Choice

In foreign exchange markets,how is the demand for dollars determined?

• A)by the level of Canadian imports and the demand for foreign assets by Canadian citizens and the Canadian government.
• B)solely by the level of Canadian merchandise imports
• C)by the level of Canadian exports and the demand for Canadian assets by foreigners
• D)solely by the level of Canadian merchandise exports

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Definitions:

Social Framework

The structure of societal norms and institutions that guide and govern the behavior of individuals within a community.

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Formality

The degree to which actions, processes, or relationships in professional settings are governed by established rules and procedures.

North American Free Trade Agreement

A trilateral trade bloc in North America created to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace.