If currency dealers expect the value of the pound to fall, the exchange value will tend to ?

Related Mcqs:

Unemployment resulting from changes in the pattern of demand or supply in the economy is called _______ unemployment?

A. regional B. technological C. structural D. demand-deficient...

The main features of the European Monetary system are ?

A. The ECU B. currency swap agreement between member C. the exchange rate mechanism D. all of the above...

In the EMU a country’s competitiveness can change because of ?

A. interest rate adjustment B. central bank intervention in the Forex C. domestic wage and price adjustment D. devaluation...

The record of a country’s imports and exports of of goods and services plus net investment incomes and current transfers of money to and from abroad, is called its ?

A. balance of payments on current account B. visible trade balance C. balance of trade D. balance of payments...

Under floating exchange rates, expectations of higher interest rates are likely to cause an ____ of the exchange rate?

A. depreciation B. appreciation C. fall D. devaluation...