Business
Business, 11.12.2019 07:31, NicoleParker

Agerman automobile maker wants to build a manufacturing facility in china. to build its manufacturing facility, the german automobile maker needs to buy land in china. to purchase that land, the german automobile maker will need to sell its euro (the currency used in germany) in the foreign exchange market and buy renminbi (the currency used in china). thus, the german automobile maker will be a:
a. foreign tourist.
b. demander of the euro.
c. supplier of renminbi.
d. demander of renminbi.

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