U.S. import transactions create: a foreign demand for dollars and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks a foreign demand for dollars and the satisfaction of this demand increases the supplies of foreign monies held by U.S. banks a U.S. demand for foreign monies and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks a U.S. demand for foreign monies and the satisfaction of this demand increases the supplies of dollars held by foreign banks
U.S. import transactions create: a foreign demand for dollars and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks a foreign demand for dollars and the satisfaction of this demand increases the supplies of foreign monies held by U.S. banks a U.S. demand for foreign monies and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks a U.S. demand for foreign monies and the satisfaction of this demand increases the supplies of dollars held by foreign banks
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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U.S. import transactions create:
a foreign demand for dollars and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks
a foreign demand for dollars and the satisfaction of this demand increases the supplies of foreign monies held by U.S. banks
a U.S. demand for foreign monies and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks
a U.S. demand for foreign monies and the satisfaction of this demand increases the supplies of dollars held by foreign banks
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