• 2022-06-07
    The specific contents of exchange rate systems include( ).
    A: legal tender
    B: determination of exchange rate
    C: unlimited law compensation
    D: adjustment of exchange rate
  • B,D
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    • 0

      According to the interest rate parity theory, when the forward foreign exchange rate is premium, it means that the domestic interest rate( ) A: is equal to the foreign exchange rate B: lower than foreign exchange rates C: higher than foreign exchange rates D: Not sure

    • 1

      All of the following statements are correct EXCEPT: A: China's exchange rate policy boosts exports in the long run. B: China's exchange rate policy is mainly an attempt to control inflation. C: China's exchange rate policy results in a depreciated yuan. D: China's exchange rate policy does not impact the real exchange rate in the long run.

    • 2

      For a country which has a relatively high rate of inflation and wants some form of pegged exchange rate, which of the following exchange rate regimes is the best choice? A: Fully fixed exchange rate B: Adjustable peg C: Crawling peg D: Fully convertible

    • 3

      The AA schedule shows________. ( ) A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium. B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium. C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium. D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.

    • 4

      Spot exchange rate is the exchange rate at which a foreign exchange dealer will convert one currency into another currency on _________________. A: some occasion B: a particular day C: a spot D: a period