A fixed exchange rate system where central banks buy and sell gold to keep exchange rates at a given level is called the:
A) fixed standard.
B) flexible standard.
C) fiat standard.
D) gold standard.
Correct Answer:
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Q32: In the foreign exchange market,foreign residents wishing
Q33: Holding everything else constant,a country's imports will
Q34: Imports are:
A)positively related to the level of
Q35: An increase in the demand for dollars
Q36: An increase in the supply of dollars
Q38: Capital outflows occur if:
A)domestic interest rates are
Q39: Capital inflows occur if:
A)domestic interest rates are
Q40: A decrease in the supply of dollars
Q41: The major factor contributing to the depreciation
Q42: When the exchange rate is allowed to
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