The demand for international reserves is negatively related to the level of world prices and income.
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Q41: The diagram below represents the exchange market
Q42: The diagram below represents the exchange market
Q43: International reserves allow a country to finance
Q44: When exchange rates are fixed by central
Q45: The demand for international reserves tend to
Q47: With floating exchange rates,payments imbalances tend to
Q48: An advantage of international reserves is that
Q49: When exchange rates are fixed by central
Q50: The diagram below represents the exchange market
Q51: To the extent that adjustments in prices,interest
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