Which of the following is included in the supply of U.S. dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?
A: a U.S. bank loans dollars to Tom to buy a U.S. made motorcycle
B: a U.S. tire maker wants to build a new factory in China
C: a U.S. company wants to import goods to sell in its retail stores
D: All of the above are correct
A: a U.S. bank loans dollars to Tom to buy a U.S. made motorcycle
B: a U.S. tire maker wants to build a new factory in China
C: a U.S. company wants to import goods to sell in its retail stores
D: All of the above are correct
举一反三
- If the Fed wants to depreciate the U.S. dollar against the British pound, it will ________. A: sell foreign exchange B: decrease the money supply C: sell British pounds D: sell U.S. dollars
- U.S. imports of goods and services will create a __________ foreign currency and a __________ U.S. dollars.
- The People's Bank of China has A: allowed a flexible exchange rate to boost exports. B: managed its exchange rate to help control inflation. C: strictly followed a fixed exchange rate to boost exports. D: purchased U.S. dollars to appreciate the yuan.
- U.S. dollars deposited in foreign banks outside the United States or in foreign branches of U.S. are referred to as _________
- If Chinese speculators expect the euro to appreciate against the U.S. dollar, they would: A: purchase Chinese yuan. B: purchase U.S. dollars. C: purchase euros. D: use Chinese yuan to buy euros, instantly use the euros to buy U.S. dollars, and then instantly use the U.S. dollars to buy Chinese yuan.