When a country has a large current account surplus, which policy can be adopted to reduce the surplus（）
A. Currency appreciation
B. Tight fiscal policy
C. Increasing export tax rebate
D. Currency depreciation
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Which theory is the view that the rise of domestic interest rate will cause the forward discount of local currency（）
A. Purchasing power parity （PPP） theory
B. Elasticity theory
C. Theory of interest rate parity
D. Monetary approach
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
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
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