All of the following,except one,are determinants of the international demand for a nation's currency.Which is the exception?

Question

Quizplus · Accepted Answer

The level of a nation's GDP is not a determinant of the international demand for its currency. Rather, it is a result of the demand for the nation's goods and services, which is in turn influenced by factors such as the price of its products relative to foreign products, foreigner's preferences, and the level of foreign incomes. The level of interest rates relative to foreign interest rates also plays a role in determining currency demand, as it affects the attractiveness of that currency as a source of investment.

All of the Following,except One,are Determinants of the International Demand