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Author Question: The principle determinant of the long-term value of a state's currency is __________. A) ... (Read 143 times)

berenicecastro

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on: Sep 4, 2018
The principle determinant of the long-term value of a state's currency is __________.
 
  A) speculation
  B) its fiscal health
  C) whether it incurs a trade surplus or deficit
  D) the supply and demand of the currency

Question 2

Many states will bridge the gap between floating and fixed exchange rates by periodically intervening in the currency markets, usually to promote stability. This type of intervention is called a(n) __________.
 
  A) interventionist system
  B) periodic-float system
  C) primary-float system
  D) managed-float system


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nanny

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Reply #1 on: Sep 4, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


berenicecastro

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Reply #2 on: Sep 4, 2018
Thanks


nanny

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Reply #3 on: Sep 4, 2018
Welcome :)


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