Borrowing in foreign currency to buy imports or invest in foreign currency,
A) decreases demand for the domestic currency,appreciating the domestic currency
B) increases demand for the domestic currency,depreciating the domestic currency
C) increases demand for the domestic currency,appreciating the domestic currency
D) does not affect the exchange rates
Correct Answer:
Verified
Q17: Holding other things constant,increases in the price
Q18: If the Chinese currency devalues compared to
Q20: When interest rates go up,people are
A)more likely
Q21: If Chinese consumers want to buy US
Q23: If buyers expect future price increase,they will
Q24: Borrowing in foreign currencies to spend or
Q25: Currency devaluations hurt consumers because they make
Q26: The intersection between demand of US dollar
Q27: All of the following are true,except
A)Bubbles are
Q54: Currency devaluations hurt
A)Consumers but help suppliers
B)Suppliers
C)Suppliers but
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