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

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter11: Foreign Exchange, Trade, And Bubbles
Section: Chapter Questions
Problem 3MC
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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
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