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
内容
- 0
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
- 1
Which of the following is NOT part of a country's "economic fundamentals"? A: the amount of speculation conducted with a nation's currency B: policies pursued by the nation's government C: the national currency's exchange rate D: policies pursued by the nation's central bank
- 2
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
- 3
The Bretton Woods system includes five aspects: the monetary standard system, the exchange rate system, the reserve system, the balance of payments adjustment system, and the financial system.
- 4
The balance-of-payments statement shows all the payments a nation receives from foreign countries and all the payments it makes to them. （ ）