If currency traders are anticipating a currency's foreign exchange value to fall,the:
A) current foreign exchange value of the currency will increase.
B) current foreign exchange value of the currency will decrease.
C) demand for the currency will rise in anticipation.
D) country's nominal interest rate will rise.
Correct Answer:
Verified
Q49: All else being constant,a currency should _
Q50: When a government prohibits exports or imports
Q51: If the interest rate in Australia falls,overseas
Q52: When a central bank takes action to
Q53: If foreign interest rates increase relative to
Q55: A tax levied on imports into a
Q56: In international trade flows,an embargo is:
A) a
Q57: A tariff is a:
A) tax on goods
Q58: If foreign exchange traders become certain that
Q59: If US interest rates fall,relative to those
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