True/False
Since the demand and supply of foreign exchange are both unstable, then the exchange rate tends to be unstable.
Correct Answer:
Verified
Related Questions
Q119: An increase in a country's price level
Q120: A high rate of growth of GDP
Q121: A relatively low level of inflation will
Q122: If local prices increase relative to foreign
Q123: The equilibrium exchange rate is where the
Q125: The law of one price states that
Q126: If a pair of pants costs $40
Q127: The law of one price is a
Q128: The law of one price states that
Q129: If the yen price of rice is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents