Balance-of-payments adjustments
A) in a fixed exchange system, intervention does not change the money supply.
B) in a fixed exchange system, intervention changes the money supply.
C) in a fixed exchange system, does not change the relative prices of imports and exports between two trading countries.
D) in a floating exchange system, does not change through exchange-rate movements.
E) in a floating exchange system, internal prices do not remain stable.
Correct Answer:
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Q1: The gold standard emerged at the center
Q3: According to the Oatley book,the difference between
Q4: The most important feature of a fixed
Q5: In the balance of payments accounting system,if
Q6: The sole purpose of the international monetary
Q7: The most important feature of a floating
Q8: The income subcategory of the balance of
Q9: Which of the following innovations was not
Q10: If a government is unwilling to accept
Q11: In a managed float exchange-rate system
A) governments
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