An excess demand for foreign currency at current exchange rates is known as a
A) Balance-of-payments deficit.
B) Trade deficit.
C) Balance-of-payments surplus.
D) Trade surplus.
Correct Answer:
Verified
Q89: Which of the following is not likely
Q90: Ceteris paribus,with a fixed exchange rate,if people
Q91: Foreign exchange reserves are
A)Held illegally by many
Q92: Ceteris paribus,with a fixed exchange rate,if Americans
Q93: Ceteris paribus,if Canadians decide they want to
Q95: A major problem with countries setting fixed
Q96: In a fixed exchange rate system,
A)Excess demand
Q97: Suppose the U.S.dollar is defined by law
Q98: The inflow of foreign investment into the
Q99: Because of the United States' long-standing trade
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