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Author Question: The sterling exchange rate index is a weighted average of the exchange rates of the pound sterling ... (Read 169 times)

joe

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Question 1

If a country's net imports of goods are not balanced by similar net exports of services, then, under a floating exchange rate, the exchange rate will change.
◦ true
◦ false

Question 2

The sterling exchange rate index is a weighted average of the exchange rates of the pound sterling with a variety of other currencies.
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Marked as best answer by joe on May 25, 2020

dlook33

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joe

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Reply 2 on: May 25, 2020
Wow, this really help


sultansheikh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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