Excess demand for a specific foreign currency,such as the pound,implies a
A) Capital account surplus for the United States.
B) Capital account deficit for the United States.
C) Balance-of-payments deficit for the United States.
Correct Answer:
Verified
Q87: Because of the United States' long-standing trade
Q88: An excess demand for foreign currency at
Q89: Under a system of fixed exchange rates,excess
Q90: The amount by which the quantity demanded
Q91: With flexible exchange rates
A)The equilibrium exchange rate
Q93: A system in which governments intervene in
Q94: When exchange rates are flexible,they are
A)Determined by
Q95: An excess demand for domestic currency at
Q96: A balance-of-payments surplus for the United States
Q97: Ceteris paribus,if the French decide they want
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