When Safeway supermarkets in the United States buys strawberries from

1.	When Safeway supermarkets in the United States buys strawberries from Mexico,
A.	it must use dollars to pay mexican farmers.
B.	it may use any currency it chooses.
C.	it must use pesos to pay mexican farmers.
D.	the transaction shows up in the u.s. capital account.
Answer» D. the transaction shows up in the u.s. capital account.

Discussion

No Comment Found

Related MCQs

...is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.
According to this theory, the holdings of a country s treasure primarily in the form of gold constituted its wealth.
_______________ occurs when production shifts to more efficient producers for reasons ofcomparative advantage, allowing consumers access to more goods at a lower price than would havebeen possible without integration.
In which of the following types of regional economic integration are internal tariffs eliminated with member countries levying a common external tariff on goods being imported from nonmembers.
A _______________ focuses on eliminating internal tariffs with member countries levying a commonexternal tariff on goods being imported from nonmembers. Additionally, this type of regional economicintegration allows free mobility of production factors such as labor and capital.
corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.
In the foreign exchange market, the ________ of one country is traded for the ________ of another country.
Exchange rate between currency A and currency B, given the values of currencies A and B with respect to a third currency is known as
______________ involve the exchange of currency the second day after the date on which the two foreign exchange traders agree to the transaction.
The demand for domestic currency in the foreign exchange market is indicated by the following transactions in balance of payment

When Safeway supermarkets in the United States buys strawberries from Mexico,

Discussion

No Comment Found

Related MCQs

Reply to Comment