In the broad sense, exchange administration for a country includes()
A. the foreign exchange control on current account
B. the foreign exchange control on capital and financial account
C. the exchange rate management
D. the management of foreign exchange market
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The benefits of dollarization are mainly reflected in the following aspects: beneficial to()
A. eliminate foreign exchange risks
B. promoting the development of trade and investment
C. reduce international speculative attacks
D. restrain government behavior
The main reasons in favor of the fixed exchange rate system are()
A. the fixed exchange rate system is conducive to promoting trade and investment
B. the fixed exchange rate system can ensure the independence of monetary policy
C. the fixed exchange rate system helps to promote international economic cooperation
D. speculation under the floating exchange rate systems may be unstable
The type of exchange rate system, in which the authorities clearly stipulate in the form of legislation that a fixed rate of unlimited exchange between the local currency and a certain foreign currenc
A. exchange rate arrangement with no separate legal tender
B. conventional pegged arrangement
C. currency board arrangement
D. pegged exchange rate arrangement within horizontal bands
The exchange management department takes the foreign exchange equilibrium fund as a buffer to stabilize or reach a certain expected exchange rate level by directly intervening in the foreign exchange
A. quantity control
B. rationing control
C. direct price control
D. indirect price control