Solved

The Figure Given Below Depicts the Demand and Supply of Brazilian

Question 14

Multiple Choice

The figure given below depicts the demand and supply of Brazilian reals in the foreign exchange market. Assume that the market operates under a flexible exchange rate regime.Figure 22.1
In the figure:
D1 and D2: Demand for Brazilian reals
S1 and S2: Supply of Brazilian reals
The figure given below depicts the demand and supply of Brazilian reals in the foreign exchange market. Assume that the market operates under a flexible exchange rate regime.Figure 22.1 In the figure: D<sub>1</sub> and D<sub>2</sub>: Demand for Brazilian reals S<sub>1</sub> and S<sub>2</sub>: Supply of Brazilian reals    -The supply of Thai baht in the foreign exchange market originates with: A) tourists who go on vacation to Thailand. B) the export of Thai oranges and other goods. C) Thai residents who wish to purchase goods from other countries. D) the Thai royal family. E) Thai central bank intervention to stop the peseta from depreciating.
-The supply of Thai baht in the foreign exchange market originates with:


A) tourists who go on vacation to Thailand.
B) the export of Thai oranges and other goods.
C) Thai residents who wish to purchase goods from other countries.
D) the Thai royal family.
E) Thai central bank intervention to stop the peseta from depreciating.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions