How Boring

Tuesday, April 11, 2006


Which of the following transactions between Canada and Japan constitutes a demand for Japanese curreny (yen)?

(a) Japanese companies buy real estate in Calgary
(b) Ontario producers sell beef to Japan
(c) Japanese mutual fund companies buy Canadian securities
(d) The Bay (Canada) buys Japanese-produced cameras
(e) Canadians receive interest payments for their holdings of Japanese bonds



Lets hope it's this easy tomorrow.

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