The international monetary system which belongs to the fixed exchange rate system includes（）
A. Bretton Woods system
B. international gold standard system
C. the Jamaica system
D. post-Bretton Woods system
E. credit monetary system
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The most direct determinant of the exchange rate of a currency to other currencies is（）
A. the supply and demand of the currency in the foreign exchange market
B. price level in the issuing country of that currency
C. people’s expectation of the trend of the currency
D. the size of the country’s trade balance
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
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
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