The International Monetary Fund
A: buys foreign securities
B: can lend a country currencies to meet a surplus in its merchandise trade balance
C: holds a pool of currencies
D: developed to help the Federal Reserve control S. investments abroad
A: buys foreign securities
B: can lend a country currencies to meet a surplus in its merchandise trade balance
C: holds a pool of currencies
D: developed to help the Federal Reserve control S. investments abroad
举一反三
- A country experiencing a current account surplus: A: needs to borrow internationally. B: is able to lend internationally. C: must also have had a surplus in its overall payments balance. D: spends more than it earns on its merchandise and service trade, international income payments and receipts and international transfers.
- International businesses use foreign exchange markets for all of the following reasons except: A: to receive payments from foreign investments that may be in foreign currencies B: to pay a foreign company for its products or services in its country's currency C: to invest for short terms in money markets when they have spare cash D: to cover themselves from all risks involved in currency speculation
- A country with a surplus in the balance of payments may ( ). A: increase foreign exchange reserves B: enhance ability of external payment C: raise the cost of international trade D: improve it international status
- A ()occurs when a country's imports exceed its exports during a given time period. A: trade balance B: trade imbalance C: trade surplus D: trade deficit
- A country's trade balance is in surplus when _____ A: its exports are more than its imports B: it experiences negative inflation C: its exports equal the imports D: the prices of commodities are low in the country