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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The impact of national interest rate on the exchange rate is()
A. up to compare factors such as foreign interest rate and domestic inflation rate
B. rising interest rates, rising currencies
C. falling interest rates, falling currencies
D. falling interest rates and rising currencies
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
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