Multiple Choice
In the foreign exchange market,a balance of payments surplus is represented by:
A) excess supply of dollars.
B) excess demand for dollars.
C) equilibrium in the foreign exchange market.
D) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q38: A trade surplus means:<br>A)the country has positive
Q39: Borrowing from another country that occurs when
Q40: A trade deficit means:<br>A)the country has positive
Q41: Exports are positively related to domestic income
Q42: As a currency depreciates:<br>A)exports increase and imports
Q44: Using the foreign exchange market diagram,graphically illustrate
Q45: Under a fixed exchange rate system,a balance
Q46: An expansionary monetary policy,all else equal,will:<br>A)depreciate the
Q47: In 1997,the Thai government was unable to
Q48: Exports are:<br>A)positively related to income in the