Author Question: The exchange rate that is established in the absence of foreign exchange market intervention by the ... (Read 77 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
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

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

e

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library