Which Group Would Demand Euros in the Foreign Exchange Market

question 31

Multiple Choice

Which group would demand euros in the foreign exchange market?
I.Canadians who want to buy Canadian goods,services,and assets
II.Canadians who want to buy European goods,services,and assets
III.Europeans who want to buy Canadian goods,services,and assets

• A) I only
• B) II only
• C) III only
• D) I,II,and III

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Definitions:

Customization

The process of modifying a product or service to meet the specific needs or preferences of an individual customer.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Operating Expense

Expenses incurred during the process of running a business that are not directly tied to producing goods or services.