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Questions and Answers
True or false: Demand for foreign exchange is driven by resident purchases of goods and services from other countries.
True or false: Demand for foreign exchange is driven by resident purchases of goods and services from other countries.
True (A)
True or false: Supply of foreign exchange comes from foreigners who invest in our home country.
True or false: Supply of foreign exchange comes from foreigners who invest in our home country.
True (A)
True or false: Equilibrium exchange rate is the rate where demand for and supply of foreign exchange are equal.
True or false: Equilibrium exchange rate is the rate where demand for and supply of foreign exchange are equal.
True (A)
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