Which of the following is not a reason why Joe Smith (an American) might participate as a demander in the foreign exchange market ?

his desire to open a bank account in Japan

his desire to purchase an automobile produced domestically

his desire to purchase Treasury bills issued by the British government

Which of the following is not a reason why Joe Smith (an American) mi

1.	Which of the following is not a reason why Joe Smith (an American) might participate as a demander in the foreign exchange market ?
A.	his desire to open a bank account in Japan
B.	his desire to purchase an automobile produced domestically
C.	his desire to travel to Europe
D.	his desire to purchase Treasury bills issued by the British government
Answer» C. his desire to travel to Europe