The supply of U.S. dollars on foreign exchange markets is a. derived from the supply of U.S. goods. b. derived from the demand by United States for imported goods and services. c. determined directly by open market operations at the Federal Reserve Bank. d. derived from the demand for U.S. products by foreigners.

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter20: International Finance
Section: Chapter Questions
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The supply of U.S. dollars on foreign exchange markets is

a. derived from the supply of U.S. goods.

b. derived from the demand by United States for imported goods and services.

c. determined directly by open market operations at the Federal Reserve Bank.

d. derived from the demand for U.S. products by foreigners.

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