Author Question: The exchange rate that is established in the absence of foreign exchange market intervention by the ... (Read 107 times)

vicotolentino

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The exchange rate that is established in the absence of foreign exchange market intervention by the government is known as a(n):
 a. historical anachronism.
  b. fixed exchange rate.
  c. dirty float exchange rate.
  d. unmanaged exchange rate.
  e. free market equilibrium exchange rate.

Question 2

The balance on goods and services is the same as the balance on the current account.
 a. True
  b. False
  Indicate whether the statement is true or false



ju

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Answer to Question 1

e

Answer to Question 2

False



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