A strong euro is less favorable for: a) American tourists traveling in France. b) German tourists traveling abroad. c) Canadian firms selling in Germany. d) Canadian investors with money investments in Germany.
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A strong euro is less favorable for:
a) American tourists traveling in France.
b) German tourists traveling abroad.
c) Canadian firms selling in Germany.
d) Canadian investors with money investments in Germany.
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- Imports of goods and services is not a source of demand for foreign exchange True/FalseAn appreciation of the dollar against all currencies in the foreign exchange market would result in all of the following, except: a) a decrease in the dollar prices paid by U.S. importers. b) an increase in the cost of vacations in Florida for Japanese tourists. c) foreign holidays for U.S. residents to be less expensive. d) an increase in the foreign currency prices paid for U.S. exports. e) an increase in the demand for U.S. exports.Who would demand U.S. dollars in the foreign exchange market? U.S. firms and households wishing to purchase foreign goods and services Foreigners wishing to purchase U.S goods and services U.S. households wishing to purchase U.S. goods and services
- Display graphically changes in the value of domestic currency, if foreign consumers develop stronger preferences for some kind of domestic goodsSuppose that the U.S. dollar appreciates against the Japanese Yen. What will occur as a result? purchasing power parity will begin to hold U.S. exports to Japan will become cheaper and increase, imports from Japan to the U.S. will become more expensive and decline U.S. currency becomes over-valued relative to Japanese currency U.S. exports to Japan will become more expensive and decline, imports from Japan to the U.S. will become cheaper and increasewhen a domestic investor buys a foreign asset, the financial account would rise, stay the same or fall?
- You own a local company. In the past year, you successfully expanded your sales market into Europe, and you now have profits and cash denominated in euros. You want to convert the euros to your home country currency to repatriate the profits and pay taxes. You are a. not required to convert the euros to the home currency to pay taxes. b. a demander of the euro in the foreign exchange market. c. a supplier of your home country's currency in the foreign exchange market. d. a demander of your home country's currency in the foreign exchange market.In the pound per euro market an increase in the demand for the euro is also: A) an increase in the supply of pounds B) a decrease in the demand for pounds C) an increase in the supply of euros D) the result of higher UK interest ratesIf there was an sudden change in exchange rates that resulted in fewer US Dollars being required to buy a Euro, you could expect the dollar to depreciate quicker than the Euro European travel to America to increase Europeans to buy more American products American to buy more European products
- Prices in Country A sharply rose due to a supply shortage and led to high levels of inflation in the economy. What effect is this price increase likely to have on domestic currency in the foreign exchange market? Country A's domestic currency will see an appreciation, in relation to currencies of other trading partners. Country A's domestic currency will see both appreciation and depreciation, in relation to currencies of other trading partners. Country A's domestic currency will see no change, in relation to currencies of other trading partners. Country A's domestic currency will see a depreciation, in relation to currencies of other trading partners. There is insufficient information to draw a conclusion.Describe the foreign exchange market and its components.An increase in capital inflows in the United States will result in a(n) foreign currency and a(n) U.S. dollars in the foreign exchange market. increase in the demand for; increase in the supply of increase in the supply of; increase in the demand for shortage of foreign currency; surplus of decrease in the supply of; decrease in the demand for