Answer to Question #227436 in Macroeconomics for Millicent

Question

One of the following cannot be considered as source of demand for foreign currency.

Select one:

a. None of the options is correct

b. Exports

c. Demand to invest outside the domestic territory

d. Imports

Answer 1

The correct answer is ;

b. Exports

Exports; are goods and services produced in a certain country and sold to buyers in another country.