According to the theory of purchasing power parity, the main factors determining the appreciation or depreciation of a country’s exchange rate are（）
A. the difference between domestic and foreign inflation rates
B. the difference between domestic and foreign interest rates
C. the difference between the growth rates of domestic and foreign economies
D. the difference between the gross domestic and foreign economies
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The fatal weakness that ultimately led to the disintegration of the Bretton Woods system was（）
A. Triffin puzzle
B. USD double peg
C. asymmetry of rights and obligations
D. financial innovation
The exchange rate system under the Bretton Woods System belongs to（）
A. adjustable fixed exchange rate system
B. floating exchange rate system
C. adjustable floating exchange rate system
D. joint floating exchange rate system
Under the gold coin standard system, the limit of exchange rate fluctuation is（）
A. gold delivery point
B. gold output point
C. gold input point
D. mint parity
When a country ’s current claims are less than current liabilities, i.e. foreign exchange receivables are less than foreign exchange payables, there will be（）
A. The supply of foreign exchange is less than the demand of foreign exchange, and the local currency depreciates
B. The supply of foreign exchange exceeds the demand of foreign exchange, and the local currency depreciates
C. The supply of foreign exchange is greater than the demand for foreign exchange
D. The supply of foreign exchange is less than the demand of foreign exchange, and the domestic currency appreciates
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