This topic contains a solution. Click here to go to the answer

Author Question: Under a fixed exchange-rate system, in order to maintain the exchange rate: a. governments must ... (Read 78 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
Under a fixed exchange-rate system, in order to maintain the exchange rate:
 a. governments must adopt a laissez-faire economic policy.
  b. all trading partners must enjoy the same level of economic growth.
  c. currencies must be inconvertible.
  d. the imports of one country must equal the exports of its trading partner.
  e. governments must intervene in the foreign exchange market.

Question 2

The current exchange rate system is effectively a dirty float system.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

e

Answer to Question 2

True




pepyto

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Gracias!


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

For a complete list of videos, visit our video library