Question: ? 0 Please categorize the statements as they relate to the supply or demand of U . S . dollars in foreign exchange markets. Some
Please categorize the statements as they relate to the supply or demand of US dollars in foreign exchange markets. Some
statements may not fit in either category.
Demands US Dollars
Sunolies US Dollars
Answer Bank
Candy Sweet of the US purchases a sailboat in Seattle, WA
Sailing Sailboats, a Norwegian company, pays its US workforce with the money it earns in the US
Cornice Snow of the US buys a house in Norway.
Shredding Snowboards, a US company, sells snowboards in Norway and needs to pay its shareholders in the US
Jorgen Smith of Norway visits the US
Spinnaker Sails, a Norwegian company, sells sailboats in the US and needs to distribute its profits to its Norwegian owners.
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