The following()economic factors may be the causes of disequilibrium in a country’s balance of payments
A. national Income and its changes
B. imbalance of industrial structure
C. loose monetary policy
D. ”hot money” in the international capital market
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When a country under a fixed exchange rate regime has a deficit in the balance of payments, the monetary authority could change in money supply, and further affect economic indicators via the followin
A. price – coinage flow
B. income adjustment
C. interest rate adjustment
D. currency-price
The following()factors may lead to a country’s monetary disequilibrium
A. prices
B. economic cycle
C. exchange rate
D. interest rate
In an open economy, the government takes measures to realize internal and external equilibrium of its economy by coordinating the following()policy objectives
A. balance of payments
B. price stability
C. economic growth
D. full employment
When other conditions remain unchanged, the difference between the forward exchange rate and the spot exchange rate is determined by the two currencies()
A. Interest rate difference
B. Absolute purchasing power difference
C. Gold content difference
D. Relative purchasing power parity difference