The buying and selling of foreign exchange used to acquire foreign assets is known as:
A) exchange rate regime
B) intervention
C) unilateral transfers
D) real exchange rate
E) contagion

Question

Quizplus · Accepted Answer

The buying and selling of foreign exchange used to acquire foreign assets is known as intervention. This typically refers to a central bank or government using its reserves to influence the exchange rate of its currency.

The Buying and Selling of Foreign Exchange Used to Acquire