When a country ’s current claims are less than current liabilities, i.e. foreign exchange receivables are less than foreign exchange payables, there will be（）
When a country ’s current claims are less than current liabilities, i.e. foreign exchange receivables are less than foreign exchange payables, there will be（）
A.The supply of foreign exchange is less than the demand of foreign exchange, and the local currency depreciates.
B.The supply of foreign exchange exceeds the demand of foreign exchange, and the local currency depreciates.
C.The supply of foreign exchange is greater than the demand for foreign exchange.
D.The supply of foreign exchange is less than the demand of foreign exchange, and the domestic currency appreciates.
正确答案：The supply of foreign exchange is less than the demand of foreign exchange, and the local currency depreciates.
相关答案
- 1.If the exchange rate of a country’s currency is persistently and obviously undervalued, it will often lead to（）.
- 2.The fatal weakness that ultimately led to the disintegration of the Bretton Woods system was（）.
- 3.The Bretton Woods System is essentially a kind of（）.
- 4.The exchange rate system under the Bretton Woods System belongs to（）.
- 5.Under the gold coin standard system, the limit of exchange rate fluctuation is（）.
- 6.The feature of the international gold standard is that gold can（）.
- 7.Exchange rate fluctuations are limited by the cost of gold transportation, and the international balance of payments can be automatically adjusted. This monetary system is（）.
- 8.The existence of two or more parity between one currency and another is called（）.
- 9.The impact of the appreciation of a country’s currency on its import and export revenue is（）.
- 10.When the exchange rate of a country’s currency is continuously overvalued, it often appears（）.
热门答案
- 1.The impact of national interest rate on the exchange rate is（）.
- 2.In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate（）, they sell foreign exchange and withdraw local currency.
- 3.The monetary approach of exchange rate believes that（）.
- 4.The change in the exchange rate of a country’s currency over a certain period is mainly determined by the difference in the inflation rate between the country and the foreign country during this period. This is the view of which following theories（）.
- 5.When a country has more current claims than current liabilities, i.e., more foreign exchange receivable than foreign exchange payable, then（）.
- 6.The arbitrageur conducts arbitrage transactions while conducting foreign exchange covering to prevent exchange rate risk is called（）.
- 7.Under the direct quotation, the value of the exchange rate of the domestic currency against a foreign currency becomes larger and smaller, which means the domestic currency（）respectively.
- 8.According to the business hours of the foreign exchange bank, the exchange rate can be divided into（）
- 9.The theory of purchasing power parity shows that the factors that determine the exchange rate of two currencies are（）.
- 10.The theory that the rise of domestic interest rate will cause the devaluation of local currency is（）