What problems can devaluation cause in the economy?

Q: Is globalization a phenomenon trend? Justify your answer or a

A: About: Globalization is the method by which individuals and products move simply across borders.…

Q: Why do Governments also use the constant dollar?

A: Constant currency is used to showcase a fixed exchange rate which helps in removing fluctuations…

Q: why the other countries cannot use the same primary monetary tool as the US?

A: Monetary policy- Monetary policy is the tool that is used by the Central Bank to control inflation…

Q: What can international business people do to protect their companies from increasing inflation and a…

A: International business have to be very careful in making cost and business expansion decisions,when…

Q: How did the US

A: Debtor nation is the one which owes money. A debtor is also known as a creditor . The debt will be…

Q: What was the gold standard, and why did it collapse?

A: The exchange rate refers to the price of one nations' domestic currency in terms of another nations'…

Q: In your own words, what is the role of the International Monetary Systems

A: International Monetary Systems (IMS): An international monetary system is a set of globally…

Q: List 10 ways the international monetary fund will exploit its threats with its opportunity?

A: The International Monetary Fund or also known as the IMF is an organization that comprised of 190…

Q: How much is rand compared to dollar

A: Rand:- This is the official currency of South Africa. It is made up of 100 cents. Symbol of Rand is…

Q: What is the function of the International Monetary Fund?

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Years ago when banks generated bank notes on their deposits that citizens used as currency, they…

A: The monetary system of US is based on paper money with full credit of the central government.…

Q: Consider the gold standard. What happens to the price level if gold discoveries occur?

A: The gold standard is a financial framework where a nation's cash or paper cash has a worth…

Q: discuss the qualities if an efficient international monetary system that US should work towards

A: IMS is a set of international agreed rules and the institutions that facilitates for the…

Q: How did Manchukuo become the centrepiece of the Japanese empire in the 1930s?

A: Manchuria is an area in East Asia. Depending on the meaning of its degree, "Manchuria" can allude…

Q: When is exchange-rate targeting likely to be a sensiblestrategy for industrialized countries? When…

A: Under the exchange rate targeting strategy, the central bank intervenes to maintain a particular…

Q: Why some countries are using thin film interference effect in the currencies?

A: When a ray of light falls on a currency, the light gets reflected partially from the top and the…

Q: What events can ignite a currency crisis?

A: The currency crisis refers to the situation of the foreign market where there is an unexpected or…

Q: Which of the following is not an advantage of Foreign Banks?

A: Volatility measures the deviation of value from the mean. Higher the deviation, higher will be…

Q: If a strike takes place in France, making it harder to buyFrench goods, what will happen to the…

A: The exchange rate refers to the value of domestic currency in terms of foreign currency. It is the…

Q: What is a foreign trade deficit or surplus? How does this affectinterest rates?

A: Foreign trade refers to the trade between two or more countries and trade includes the services of…

Q: Fiat money is Select an answer and submit. For keyboard navigation, use the up/down arrow keys to…

A: Money refers to the a unit or standard that is used to make exchange of goods, assets, or services…

Q: What is Uruguay Round ?

A: In November 1982,the seeds of the Uruguay Round were sown at a ministerial meeting in Geneva of GATT…

Q: How a weak currency positively affect the economy?

A: Currency refers to a medium of exchange for goods and services. It is basically money that can be…

Q: What is the international monetary system? explain

A: An international monetary system can be understood as the set of rules, conventions, and supporting…

Q: Define costly trade credit

A: A trade credit is an agreement between businesses where purchase of goods can be transacted on…

Q: How would you expect financial markets, or exchange rates to respond to inflation

A: In an economy, any change in inflation rate will have a significant effect on economic drivers such…

Q: Is a Stronger Dollar Good for the U.S. Economy?

A: The exchange rate is the price of one country's currency expressed in terms of some other currency.…

Q: Discuss the role of international monetary system

A: An international system (IMS) may be a set of laws, conventions, and supporting establishments that…

Q: Describe the fuctions of the International Monetary Fund

A: The international Monetary Fund (IMF) is an international organization that promotes global economic…

Q: Why did gold standard collapse?

A: Gold was used as the store value of money and it is the standard according to which value of any…

Q: Will an increase in attractiveness of the US as a tourist destination DECREASE or INCREASE the value…

A: Will an increase in attractiveness of the US as a tourist destination DECREASE or INCREASE the…

Q: What will happen if the people expects that the value of a currency will increase? a. There will be…

A: Increase in the value of currency means the rate of exchange of the currency is less. For example:…

Q: Do you believe that China is guilty of unfair trading practices including currency manipulation?

A: Currency manipulation: It refers to the lower the value of currency so that the cost of the export…