ECO 201 Principles of Microeconomics Chapter 33 Quiz Answers
BUY HERE⬊
Saint Leo ECO 201 Chapter 33 Quiz Answers
1. Suppose that during a recent year for the United States, merchandise imports were $1.9 trillion, unilateral transfers were a net outflow of $0.2 trillion, service exports were $0.3 trillion, service imports were $0.1 trillion, and merchandise exports were $1.4 trillion.
2. What is the difference between the balance of trade and the balance of payments?
3. Some Thais visit Canada and travel to several tourist areas. Their spending while in Canada
4. What is the difference between a deficit item and a surplus item in the balance of payments?
5. The larger the current account surplus, the
6. If the current account is in a deficit, the capital account
7. The capital account balance is
8. Suppose that the following two events take place in the market for China's currency, the yuan: U.S. parents are more willing than before to buy action figures and other Chinese toy exports, and China's government tightens restrictions on the amount of U.S. dollar-denominated financial assets that Chinese residents may legally purchase.
Which of the following describes the outcome in the market for the yuan?
9. The demand for rupees by Americans is also
10. The demand for yuan by Americans is also
11. How are flexible exchange rates determined?
12. From the perspective of Canada , the demand for the Swiss franc by Canadian residents is primarily derived from
13. What is the situation when the dollar price of the Chinese yuan is at 0.10 ?
14. Under the Bretton Woods system, exchange rates were
15. Under the gold standard, if a country had a balance of payments deficit
16. Under the gold standard, the world supply of money
17. Which of the following statements is consistent with both the gold standard and the Bretton Woods agreement?
18. Which of the following is a true statement?
19. Central banks can keep exchange rates fixed as long as
20. A problem associated with flexible exchange rates is
21. The exchange rate type in which a country "fixes" its exchange rate to another country's currency, but allows its par value to change at regular intervals, is referred to as
22. The range of permitted exchange rate fluctuations between upper and lower bounds is referred to as the
23. Nations manage their currency's exchange rate within this target zone by
24. Under the gold standard, if a country had a balance of payments deficit
25. The purchase of U.S. financial assets by a foreign citizen is recorded in
26. Under a gold standard, if the sum of a nation's current account and capital account is negative,
27. Suppose that signs of an improvement in the Japanese economy lead international investors to resume lending to the Japanese government and businesses. Policymakers, however, are worried about how this will influence the yen.
This event would cause
28. If the central bank, the Bank of Japan, wants to keep the value of the yen unchanged, then it should
29. Suppose that Argentina decides to fix its exchange rate at 1 Argentinean peso = $1.
If people in Argentina wish to buy fewer U.S. goods, which of the following is most likely to occur?
30. Which of the following is the definition of a dirty float ?
No comments:
Post a Comment