Under the Bretton Woods system, the U.S. dollar was pegged to gold at $38 per ounce and other currencies were pegged to the U.S. dolla
Under the Bretton Woods system, the U.S. dollar was pegged to gold at $38 per ounce and other currencies were pegged to the U.S. dolla
In the 2005 reform, RMB was pegged to a basket<br/>currency rather than to USD. ()
In the 2005 reform, RMB was pegged to a basket<br/>currency rather than to USD. ()
The drop in value of a currency pegged to gold or another currency is known as ________. A: revaluation B: depreciation C: deterioration D: devaluation
The drop in value of a currency pegged to gold or another currency is known as ________. A: revaluation B: depreciation C: deterioration D: devaluation
Under Bretton Woods system, the U.S. dollar was its central currency. The value of every other currency was allowed to devaluate as long as it was pegged to the U.S. dollar.
Under Bretton Woods system, the U.S. dollar was its central currency. The value of every other currency was allowed to devaluate as long as it was pegged to the U.S. dollar.
The exchange rate set for an immediate trade is often referred to as<br/>a __. A: managed exchange rate. B: pegged exchange rate. C: forward exchange rate. D: spot exchange rate.
The exchange rate set for an immediate trade is often referred to as<br/>a __. A: managed exchange rate. B: pegged exchange rate. C: forward exchange rate. D: spot exchange rate.
The exchange rate that is set now for a currency trade that will take<br/>place sometime more than a few days in the future is often referred<br/>to as a __. A: spot exchange rate. B: forward exchange rate. C: pegged exchange rate. D: managed exchange rate.
The exchange rate that is set now for a currency trade that will take<br/>place sometime more than a few days in the future is often referred<br/>to as a __. A: spot exchange rate. B: forward exchange rate. C: pegged exchange rate. D: managed exchange rate.
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
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
After I became more extroverted, I did the following except ______. (阅读理解第一篇选择题) A: taking the second Myers-Briggs test which pegged me as extroverted B: enjoying a number of activities alone C: making my new friends feel surprised D: keeping a balance between introvert and extrovert
After I became more extroverted, I did the following except ______. (阅读理解第一篇选择题) A: taking the second Myers-Briggs test which pegged me as extroverted B: enjoying a number of activities alone C: making my new friends feel surprised D: keeping a balance between introvert and extrovert
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.
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.
Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each other. Assume that Country A's currency floats against Country B's currency, and that Country C's currency is pegged to B's. If A's currency depreciates against B, then A's exports to C should ____, and A's imports from C should ____. A: decrease; increase B: decrease; decrease C: increase; decrease D: increase; increase
Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each other. Assume that Country A's currency floats against Country B's currency, and that Country C's currency is pegged to B's. If A's currency depreciates against B, then A's exports to C should ____, and A's imports from C should ____. A: decrease; increase B: decrease; decrease C: increase; decrease D: increase; increase