• 2022-06-19
    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.
  • C

    内容

    • 0

      The backpack is 25 yuan each. I buy two for [u]         [/u] yuan. A: twenty  B: thirty  C: fifty  D: sixty

    • 1

      An appreciation in the value of the U.S. dollar against the British pound would tend to: A: Increase in the spot price of the yen B: Increase in the forward price of the dollar C: Sale of dollars in the forward market D: Purchase of yen in the spot market

    • 2

      Yes, we have several currencies that can be exchanged including British pounds, US dollars, EU Euros, Canadian dollars, Chinese RMB, Japanese yen and Australian dollars.

    • 3

      If the U.S. dollar is pegged to gold, then A: the Federal Reserve must adjust the supply of U.S. dollars when the price of gold changes. B: the government must buy and sell gold reserves when the price of the dollar changes. C: the U.S. dollar will not change in value since the price of gold is constant. D: the U.S. dollar would become more valuable than the Euro.

    • 4

      The U.S. supply curve for euros is derived from the demand and supply curves of U.S. imports in terms of euros