The price of foreign currency banks to buy foreign currency cash is（）than the purchase price of foreign currency
A. cheaper
B. more expensive
C. the same
D. equal to the central exchange rate
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The exchange rate system most conducive to a country’s international balance of payments is（）
A. exchange rate system in the Jamaica system
B. international gold standard system
C. the exchange rate system under the Bretton Woods system
D. the euro system
If a country has a significant balance of payments deficit, it will generally make（）
A. demand for local currency decreases, local currency depreciated
B. demand for local currency increases, local currency appreciates
C. demand for local currency increases, local currency depreciates
D. demand for local currency decreases, local currency appreciates
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
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
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