When the exchange rate of a country’s currency is continuously overvalued, it often appears（）
A. foreign exchange supply decreased, foreign exchange demand increased, balance of payments deficit
B. foreign exchange supply increased, foreign exchange demand decreased, balance of payments surplus
C. foreign exchange supply increased, foreign exchange demand decreased, balance of payments deficit
D. foreign exchange supply decreased, foreign exchange demand increased, balance of payments surplus
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The change in the exchange rate of a country’s currency over a certain period is mainly determined by the difference in the inflation rate between the country and the foreign country during this perio
A. theory of relative purchasing power parity
B. theory of absolute purchasing power parity
C. psychological theory of exchange
D. the theory of interest rate parity
The feature of the international gold standard is that gold can（）
A. free casting, free exchange, free import and export
B. free casting, free exchange, free trading
C. free casting, free trading, free import and export
D. free exchange, free import and export, free circulation
The theory of purchasing power parity shows that the factors that determine the exchange rate of two currencies are（）
A. the purchasing power of money
B. prices of non-tradable goods
C. size of foreign exchange
D. interest rate
The Bretton Woods System is essentially a kind of（）
A. gold exchange standard system
B. gold bullion standard
C. credit money system
D. gold coin standard
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