[translate] aA fixed exchange rate is an exchange rate system in which one currency’s value is matched against another currency’s value. 一个固定交换率是一货币的价值被匹配反对另一货币的价值的交换率系统。[translate]
In an economy with a fixed exchange rate, if the exchange rate is devalued, what should happen to the domestic interest rate? A. It should fall. B. It should rise. C. nothing D. It cannot be determined.如何将EXCEL生成题库手机刷题 > ...
The exchange rate is the price at which one country's currency can be exchanged for another country's currency. The market upon which currency is traded is called the foreign exchange market (FOREX), where currency is often traded as an investment. Investors trade in the FOREX market in a ...
When determining a particular country's exchange rate for your currency, there are a few factors to think about. For example, there are two kinds of exchange rates: flexible and fixed. Flexible exchange rates change constantly, while fixed exchange rates rarely change. Flexible Rates Most currency...
An exchange rate is the value of one currency expressed in terms of another currency, determining how much of one currency can be exchanged for another.
With floating exchange rates, the equilibrium in the balance of payments can be restored by exchange rate changes. 12. With fixed exchange rates, the balance of payments will not be automatically restored. Thus central banks must either intervene to finance current account deficits or impose trade...
The important point here is that in the Marshallian dichotomy these economies do not constitute externalities, but are internal to the firm, modeled through a fixed cost of production. Hence they require a departure also from the paradigm of perfect competition.63 Most models of new economic ...
All eyes in the world of wine will be on the Haidian district of Beijing next year when it hosts the 25th edition of the Brussels World Wine Competition (Concours Mondial) from May 11 and 13, 2018. (BRF)Beijing ready for upcoming Belt and Road forum: spokesperson Beijing is ready to hos...
When the economy is disturbed by a change in the output market,A.a fixed exchange rate has an advantage over a flexible rate.B.a floating exchange rate has an advantage over a fixed rate.C.a crawling peg exchange rate has an advantage over a flexible rate.D.a floating exchange rate has...
Building an investment portfolio may require personalization and finesse, but it can also be ultra-simple.