Multiple Choice
If the U.S. current account balance is positive,
A) U.S. citizens must have purchased more merchandise abroad than they sold abroad.
B) the foreign-exchange value of the dollar must be rising.
C) the foreign-exchange value of the dollar must be falling.
D) U.S. citizens have funds to lend to foreigners.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: On August 15, 1971, the United States<br>A)returned
Q3: Under the Bretton Woods system the international
Q4: Explicit capital controls are<br>A)used by most industrialized
Q5: An unsterilized foreign-exchange intervention occurs<br>A)whenever a central
Q6: In the early 2000s, what problem did
Q8: U.S. officials carry out foreign-exchange interventions through<br>A)the
Q9: Which of the following will NOT result
Q10: The equilibrium exchange rate<br>A)is determined by the
Q11: The formal name of the World Bank
Q12: If the Fed wants to increase the