The U.S.dollar exchange rate describes the
A) the deficit/surplus situation in the balance of payments.
B) the price of a foreign currency in terms of dollars.
C) the deficit/surplus situation in the merchandise trade balance.
D) future changes in foreign balance of payments.
E) none of the above.
Correct Answer:
Verified
Q5: A system of exchange rate determination with
Q6: In a system of flexible exchange rates,expansionary
Q7: With a fixed exchange rate,an increase in
Q8: A supply of foreign exchange occurs in
Q9: Capital inflows in the balance of payments
Q11: One explanation for the fall in the
Q12: Can a central bank control domestic interest
Q13: What is a major advantage of flexible
Q14: What impact does an increase in the
Q15: A decline in the exchange rate means
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