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Author Question: Refer to Figure 19-3. Which of the following isnottrue? (Read 321 times)

rl

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on: Mar 16, 2019

Question 1

Figure 19-3










Refer to Figure 19-3.  At what level should the Thai government peg its currency to the dollar to make Thai exports cheaper to the United States?


◦ greater than $.03/baht
◦ less than $.03/baht
◦ equal to $.03/baht
◦ $1/baht

Question 2

Figure 19-3










Refer to Figure 19-3.  Which of the following is not true?


◦ Thai imports from the United States are cheaper at exchange rates greater than $.03/baht than at the equilibrium exchange rate.
◦ The baht is overvalued at exchange rates greater than $.03/baht.
◦ To achieve an exchange rate greater than $.03/baht, the Bank of Thailand must buy surplus dollars with bahts.
◦ Thai exports to the United States are more expensive at exchange rates greater than $.03/baht than at the equilibrium exchange rate.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by rl on Mar 16, 2019

dpost18

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rl

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Reply #2 on: Mar 16, 2019
TY


dpost18

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Reply #3 on: Mar 16, 2019
You're welcome


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