Demand for French euros or a supply of French euros

Denote whether each of the following build a demand for, or a supply of, French euros in foreign exchange markets:

a. A Canadian importer buys a shipload of Bordeaux wine.

b. An Italian automobile firm decides to make an assembly plant in Halifax.

c. A Canadian university student decides studying at the Sorbonne for one year.

d. A German manufacturer exports machinery through one French port to another on a Canadian freighter.

e. Spain incurs balance of payments deficit in its transactions along with France.

f. A Canadian government bond held through a French citizen matures and the loan amount is paid back to that person.

g. It is extensively believed that the international value of the euro will drop in the near future.

E

Expert

Verified

A demand for euro is made in (a), (c), and (f). A supply of euros is made in (b), (d), (e), and (g).

   Related Questions in Finance Basics

  • Q : Financial crisis during 1997-1998

    Describe the Financial crisis during the time period of 1997-1998 ?

  • Q : Private closed economy based question

    Normal 0 false false

  • Q : Define Limited-Term Position

    Limited-Term Position (LT): Any place that has been authorized only for a particular length of time with a set termination date.Limited-term positions might be authorized throughout the budget procedure or in transactions approved by the D

  • Q : How cash and capital budget relate to

    Describe how the cash budget and the capital budget associate to proforma financial statements.The cash budget illustrates the projected flow of cash in and out of the firm for particular time periods. The capital budget illustrates planned expe

  • Q : Gateways for biometric The different

    The different Gateways for biometric are as following: Transaction security: this is to secure customers transactions and so to protect their privacy both remotely and onsite.

  • Q : Describe the sales forecasting procedure

    Describe the sales forecasting procedure.This is a group effort. Usually sales and marketing personnel provide assessments of demand and the competition. Usually, production personnel provide estimates of manufacturing capacity and other product

  • Q : Define Control Sections Control

    Control Sections: The sections of the Budget Act (that is, 1.00 to the end) giving specific controls on the appropriations itemized in the Section 2.00 of Budget Act.

  • Q : Problem of time lags in enacting and

    Normal 0 false false

  • Q : Use of obtainable resources Normal 0

    Normal 0 false false

  • Q : Why is replacement value of assets

    Why is the replacement value of assets method not used generally to value complete businesses?The replacement value of assets method is not frequently applied to complete business valuations since it is frequently very hard to locate similar ass

©TutorsGlobe All rights reserved 2022-2023.