Multiple Choice
Which of the following is not one of the four main determinants of exchange rates in the long run?
A) relative price levels across countries
B) relative rates of productivity growth across countries
C) preferences for domestic and foreign goods across countries
D) speculating in currency markets
Correct Answer:
Verified
Correct Answer:
Verified
Q230: Why might a country raise interest rates
Q231: In order to maintain an undervalued yuan
Q232: U.S.dollars can currently be exchanged for gold
Q233: The "Big Mac Theory of Exchange Rates"
Q234: The _ system of currency exchange rates
Q236: If inflation in Russia is higher than
Q237: How were exchange rates determined under the
Q238: South Korea,Indonesia,Malaysia,and Thailand all pegged their currencies
Q239: Figure 19-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 19-3
Q240: If the U.S.government places tariffs on imports