3. Exercise 6.3 Following an unanticipated dollar appreciation, would you recommend that a domestic manufacturing compan
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3. Exercise 6.3 Following an unanticipated dollar appreciation, would you recommend that a domestic manufacturing compan
3. Exercise 6.3 Following an unanticipated dollar appreciation, would you recommend that a domestic manufacturing company such as Cummins Engine sell foreign assets? Yes 7 No Grade It Now Save & Continue Continue without saving Back to Assignment Attempts Average no score out of 1/1 4. Exercise 6.4 Which of the following gives rise to transaction demand for a currency? A U.S. car dealership pays a German manufacturer in euro. The Federal Reserve sells dollars in the foreign currency markets. A Japanese investor buys U.S. T-bonds, expecting dollars to appreciate.