Solved

Which of the Following Transactions Would Not Necessitate Foreign Exchange

Question 48

Multiple Choice
Which of the following transactions would not necessitate foreign exchange?
A) a student from Japan buying a hamburger at the snack bar on an American college campus
B) an American college student purchasing a new mobile telephone device in the United States.
C) an American tourist who purchases a beer with U.S. dollars at a pub in Tijuana, Mexico.
D) the Japanese investor buying stock in "The Walt Disney Company"
E) None-all of these transactions involve foreign exchange.

Which of the following transactions would not necessitate foreign exchange?


A) a student from Japan buying a hamburger at the snack bar on an American college campus
B) an American college student purchasing a new mobile telephone device in the United States.
C) an American tourist who purchases a beer with U.S. dollars at a pub in Tijuana, Mexico.
D) the Japanese investor buying stock in "The Walt Disney Company"
E) None-all of these transactions involve foreign exchange.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents