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.Management Sciences
A. of essentially fixed exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed upon value of its currency
B. in which the value of currencies was fixed in terms of a specific number of ounces of gold, which in turn determined their values in international trading
C. of floating exchange rates determined of the supply and demand of one nation’s currency relative to the currency of other nations
D. That prohibited governments from intervening in the foreign exchange markets
Related Mcqs:
- The J-curve effect refers to the observation that ?
- A. GDP usually decreases before it increases after a currency depreciation B. the trade balance usually gets worse before it improves after a currency depreciation C. the trade balance usually gets better before it gets worse after a currency appreciation D. GDP usually decreases before it increases after a currency appreciation...
- In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
- A. decrease; depreciate B. decrease; appreciate C. increase; depreciate D. increase; appreciate...
- Under a system of floating exchange rates the pound would depreciate in value if there occurs ?
- A. Price inflation in the United States B. an increase in U.S real income C. a decrease in the British money supply D. falling interest rates in Britain...
- Investor engage in _____ when they move funds into foreign currencies in order to take advantage to interest rates abroad that are higher than domestic interest rates ?
- A. currency arbitrage B. interest arbitrage C. short positions D. long positions...
- A difference between forward and futures contracts is that ?
- A. forward contracts occur in a specific locations-for example, the Chicago Mercantile Exchange B. futures contracts have negotiable delivery dates C. forward contracts can be tailored in amount and delivery date to the need of importers of exporters D. futures contracts involve no brokerage fees or other transactions costs...
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