Direct control includes（）
A. fiscal control
B. exchange rate policy
C. foreign exchange control
D. trade policy
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Under a floating exchange rate regime, the “time delayed” effect of exchange rate changes on the trade balance may be caused by（）
A. consumers in countries with devalued currencies
B. producers in countries with devalued currencies
C. foreign consumers
D. Importers in countries with devalued currencies
A country with a surplus in the balance of payments may（）
A. increase foreign exchange reserves
B. enhance ability of external payment
C. raise the cost of international trade
D. improve it international status
The Marshall-Lerner condition applies only if ηx+ηm ＞ 1, in whichηx+ηm is（）
A. supply price elasticity of domestic import and export commodities
B. demand income elasticity of domestic imports and exports commodities
C. expected Elasticity of demand for domestic imports and exports commodities
D. demand price elasticity of domestic imports and exports commodities
The government sells US dollars for domestic currency in foreign market to prevent its currency devaluation. This activity is known as（）
A. financing policy
B. expenditure change policy
C. fiscal policy
D. monetary policy
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