The Marshall-Lerner condition can be used to determine ( ).
A: Balance of payments
B: Impact degree of currency depreciation on international balance of payments
C: The impact of exchange rate fluctuations on international balance of payments
D: Degree of currency depreciation
A: Balance of payments
B: Impact degree of currency depreciation on international balance of payments
C: The impact of exchange rate fluctuations on international balance of payments
D: Degree of currency depreciation
举一反三
- The more elastic is a nation’s demand and supply of foreign exchange the A: larger is the devaluation or depreciation required to correct a deficit of a given size in the nation’s balance of payments B: smaller is the devaluation or depreciation required to correct a deficit of a given size in the nation’s balance of payments C: less feasible is a flexible exchange rate system D: less feasible is a devaluation as a policy to correct a deficit in the nation’s balance of payments
- When a country ’s balance of payments deficit, what policies can be adopted in order to restore the balance of payments ( ). A: Let the local currency depreciate B: Let the local currency depreciate C: Adopting tight monetary policy D: Let the local currency appreciate E: Taking an expansionary fiscal policy F: Adopting an expansionary monetary policy
- The measures that can be taken to reduce the current account deficit or improve the current account balance are ( ). A: Reducing consumption or investment expenditure B: Depreciation of the local currency exchange rate C: Cutting government expenditure D: Appreciation of the exchange rate of the local currency
- 1.According to the Balance of Payments Manual (The sixth edition) published by IMF, Balance of Payments is consisted of ( )、( ) and( )
- When a country under a floating exchange rate regime has a deficit in the balance of payments, the government could change in foreign exchange reserves and money supply to affect economic indicators, and further improve its status of balance of payments disequilibrium. （）