Exam 9: Foreign Exchange Rate Determination and Forecasting

The Asian currency crisis was primarily a

Prior to July 2,1997,the Thai government

________ is the official Chinese currency.

The "tequila effect" is a slang term used to describe a form of financial panic called ________.

If the Central Bank's goal was to decrease the value of its currency,or to fight an appreciation of its currency's value on the foreign exchange market,the bank could ________.

Which of the following did NOT contribute to the exchange rate collapse in emerging markets in the 1990s?

Which of the following is a driver in the determination of foreign exchange rates under the Asset Market Approach to forecasting?

________,traditionally referred to as chartists,focus on price and volume data to determine past trends that are expected to continue into the future.

The more INEFFICIENT the market is,the more likely it is that exchange rates are "random walks," with past price behavior providing no clues to the future.

Which of the following was NOT an international currency crisis in the 1990s and early 2000s?

The Asian Currency crisis appeared to begin in ________.

The ________ approach argues that exchange rates are determined by the supply and demand for a wide variety of financial assets

The fall in the value of the domestic currency will sharply reduce the purchasing power of its people.