1. For each of the following, is it part of the demand for yen or supply of yen
ID: 1213722 • Letter: 1
Question
1. For each of the following, is it part of the demand for yen or supply of yen in the foreign exchange market?
a. A Japanese firm sells its US government securities to obtain funds to buy real estate in Japan.
b. A US import company pays for glassware purchased from a small Japanese producer.
c. A US farm cooperative receives payment from a Japanese importer of US oranges?
d. A US pension fund uses some incoming contributions to buy equity shares of several Japanese companies through the Tokyo stock exchange.
Explanation / Answer
a. Demand of Yen
b.Demand of Yen
3. Supply of Yen
4. Demand for Yen
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