超星 - Quiz-U5-International Monetary System - 查题吧

判断题

The fixed exchange rate system collapsed in 1973, primarily due to speculative pressure on the dollar following a rise in U.S. inflation and a growing U.S. balance of trade surplus.

A. 对
B. 错

判断题

Under Bretton Woods system, the U.S. dollar was its central currency. The value of every other currency was allowed to devaluate as long as it was pegged to the U.S. dollar.

A. 对
B. 错

判断题

Since 1973 the world has operated with a floating exchange rate regime, and exchange rates have become more volatile and far less predictable.

A. 对
B. 错

判断题

In recent history the value of the U.S. dollar has been determined by both market forces and government interventions.

A. 对
B. 错

判断题

The value of the U.S. dollar rose rapidly on the foreign exchange market between 1980 and 1985 and then fell rapidly between 1985 and 1988.

A. 对
B. 错

判断题

Critics of a floating exchange rate regime argue that speculation can bring stability to exchange rates.

A. 对
B. 错

判断题

According to critics of a fixed exchange rate regime, if a country is running a trade deficit, the imbalance between the supply and demand of that country’s currency in the foreign exchange market will be corrected by domestic policy.

A. 对
B. 错

判断题

Under ERM, each national currency in the EC is given a “central rate” vis-à-vis the ECU.

A. 对
B. 错

判断题

The forward market and swaps are examples of instruments that businesses can use to insure against foreign exchange risks.

A. 对
B. 错

判断题

To build strategic flexibility is one way to respond to the volatility of the present floating exchange rate regime.

A. 对
B. 错

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