The trend towards increasing international use of currencies other than the US dollar in both current and capital account transactions is indicated by:
A) a lower US dollar share of trading volumes in the foreign exchange market
B) a lower US dollar share of Eurocurrency deposits
C) a lower US dollar share of international bond issues
D) all of the answers given
Correct Answer:
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Q16: Which of the following statements is UNTRUE?
A)
Q17: Between 1962 and 2007, the size of
Q18: The deterioration of the US external position
Q19: The twin deficit problem refers to deficits
Q20: The effect of changes in oil prices:
A)
Q22: Gross capital flows reflect:
A) current account imbalances
B)
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A) free capital movement
B)
Q24: Which of the following is NOT a
Q25: Financial deregulation has been encouraged by:
A) the
Q26: Capital mobility is:
A) a sufficient and a
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