A foreign exchange intervention is: a. Synonymous with a fixed exchange rate b. The use of public statements by government officials to impact c. The buying/selling of currencies to affect supply or demand which impacts the exchange rate d. Only used in crisis situations
A foreign exchange intervention is: a. Synonymous with a fixed exchange rate b. The use of public statements by government officials to impact c. The buying/selling of currencies to affect supply or demand which impacts the exchange rate d. Only used in crisis situations
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter19: International Finance And The Foreign Exchange Market
Section: Chapter Questions
Problem 11CQ
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Question
A foreign exchange intervention is:
a. Synonymous with a fixed exchange rate
b. The use of public statements by government officials to impact
c. The buying/selling of currencies to affect supply or
d. Only used in crisis situations
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