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
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
举一反三
- When a country runs a persistent deficit in its balance of payment, the government could use foreign exchange reserves to offset the excess demand or supply of foreign exchange to correct the balance of payments disequilibrium.
- When a country runs a persistent deficit in its balance of payment, the government could use foreign exchange reserves to offset the excess demand or supply of foreign exchange to correct the balance of payments disequilibrium. A: 正确 B: 错误
- 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. （）
- 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. （） A: 正确 B: 错误
- 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