Under the IMF fixed exchange rate system, a nation running a balance of payments surplus would have an excess __________ its currency in the foreign exchange market and that nation's central bank would have to __________ some of its currency.
A) supply of; buy
B) supply of; sell
C) demand for; buy
D) demand for; sell

Question

Quizplus · Accepted Answer

The Answer of Under the IMF fixed exchange rate system, a nation running a balance of payments surplus would have an excess __________ its currency in the foreign exchange market and that nation's central bank would have to __________ some of its currency.
A) supply of; buy
B) supply of; sell
C) demand for; buy
D) demand for; sell

Under the IMF Fixed Exchange Rate System, a Nation Running