Author Question: The supply of Thai baht in the foreign exchange market originates with: a. tourists who go on ... (Read 48 times)

saliriagwu · **on:** Jun 30, 2018

The supply of Thai baht in the foreign exchange market originates with:
a. tourists who go on vacation to Thailand.
b. the export of Thailand oranges and other goods.
c. Thai residents who wish to purchase goods from other countries.
d. the Thai royal family.
e. Thai central bank intervention to stop the peseta from depreciating.

Question 2

If as a result of NAFTA the demand for American exports rises, it would tend to increase the exchange value of the U.S. dollar as a result.
a. True
b. False
Indicate whether the statement is true or false