Economics

If world markets change so that the U.S. dollar is no longer the primary reserve currency, the ...

If world markets change so that the U.S. dollar is no longer the primary reserve currency, the ...

[html]If world markets change so that the U.S. dollar is no longer the primary reserve currency, the exchange rate value of the dollar would rise.

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imomo   120   1 Reply

inhibitor128

If Japanese real interest rates fall relative to real interest rates in the U.S., the yen will ...

If Japanese real interest rates fall relative to real interest rates in the U.S., the yen will ...

[html]If Japanese real interest rates fall relative to real interest rates in the U.S., the yen will likely appreciate and the dollar will likely depreciate.

anymous   138   1 Reply

tranle311

If Americans demand goods produced in Mexico, it leads to a demand for Mexican pesos and a supply of ...

If Americans demand goods produced in Mexico, it leads to a demand for Mexican pesos and a supply of ...

[html]If Americans demand goods produced in Mexico, it leads to a demand for Mexican pesos and a supply of U.S. dollars on the foreign exchange market.

▸ tr

anuong05   162   1 Reply

jaimielavie

If $1 = 96 Japanese yen on Wednesday and on Thursday $1 = 100 Japanese yen, then the dollar ...

If $1 = 96 Japanese yen on Wednesday and on Thursday $1 = 100 Japanese yen, then the dollar ...

[html]If $1 = 96 Japanese yen on Wednesday and on Thursday $1 = 100 Japanese yen, then the dollar depreciated against the yen between Wednesday and Thursday.

islandgurl   128   1 Reply

sz

China has intervened in the foreign exchange market to maintain the value of its currency vis--vis ...

China has intervened in the foreign exchange market to maintain the value of its currency vis--vis ...

China has intervened in the foreign exchange market to maintain the value of its currency vis-à-vis other countries.

▸ true

▸ false

scigeekalic   129   1 Reply

jordankites45

All economists agree that the European Union is an example of a true a optimal currency area.

All economists agree that the European Union is an example of a true a optimal currency area.

All economists agree that the European Union is an example of a true a optimal currency area.

▸ true

▸ false

jlg71   126   1 Reply

Ludacris2065

Advocates of a fixed exchange rate system argue that fixed exchange rates promote international trade.

Advocates of a fixed exchange rate system argue that fixed exchange rates promote international trade.

Advocates of a fixed exchange rate system argue that fixed exchange rates promote international trade.

▸ true

▸ false

Jchanis15   119   1 Reply

paris.chen

A currency has depreciated in value if it takes more of a foreign currency to buy it.

A currency has depreciated in value if it takes more of a foreign currency to buy it.

A currency has depreciated in value if it takes more of a foreign currency to buy it.

▸ true

▸ false

got2pass   123   1 Reply

dhk72

You go on vacation to Mexico and take $1,000 with you. During your time in Mexico, the peso ...

You go on vacation to Mexico and take $1,000 with you. During your time in Mexico, the peso ...

[html]You go on vacation to Mexico and take $1,000 with you. During your time in Mexico, the peso appreciates in value relative to the dollar.

nyah95   127   1 Reply

juniorp

Which of the following statements is false?

Which of the following statements is false?

[html]Which of the following statements is false?

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blinkrb   134   1 Reply

Sirangelou

Which of the following points would not be used as an argument in support of the current ...

Which of the following points would not be used as an argument in support of the current ...

[html]Which of the following points would not be used as an argument in support of the current international monetary system?

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urraberry   122   1 Reply

otis24

Which of the following exchange rates between the dollar and the peso would a Mexican buyer of ...

Which of the following exchange rates between the dollar and the peso would a Mexican buyer of ...

[html]Which of the following exchange rates between the dollar and the peso would a Mexican buyer of American goods most prefer?

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dalvirb   109   1 Reply

Ms Thickie

Which of the following exchange rates between the dollar and the peso would an American buyer of ...

Which of the following exchange rates between the dollar and the peso would an American buyer of ...

[html]Which of the following exchange rates between the dollar and the peso would an American buyer of Mexican goods most prefer?

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cmartinez034   121   1 Reply

egidrarc

When the official dollar price of a foreign currency is set below its equilibrium level, the foreign ...

When the official dollar price of a foreign currency is set below its equilibrium level, the foreign ...

[html]When the official dollar price of a foreign currency is set below its equilibrium level, the foreign currency

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ahyukj   119   1 Reply

Saharak

When the official dollar price of a foreign currency is set below its equilibrium level, the dollar

When the official dollar price of a foreign currency is set below its equilibrium level, the dollar

[html]When the official dollar price of a foreign currency is set below its equilibrium level, the dollar

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biokam   103   1 Reply

madizm

When the official dollar price of a foreign currency is lowered, the dollar is being

When the official dollar price of a foreign currency is lowered, the dollar is being

[html]When the official dollar price of a foreign currency is lowered, the dollar is being

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mooncalled   113   1 Reply

karatins

When the equilibrium dollar price of a foreign currency decreases due to changes in demand for or ...

When the equilibrium dollar price of a foreign currency decreases due to changes in demand for or ...

[html]When the equilibrium dollar price of a foreign currency decreases due to changes in demand for or supply of the foreign currency, the foreign currency

MrsSmitty   115   1 Reply

dmahr

When the equilibrium dollar price of a foreign currency decreases due to changes in demand for or ...

When the equilibrium dollar price of a foreign currency decreases due to changes in demand for or ...

[html]When the equilibrium dollar price of a foreign currency decreases due to changes in demand for or supply of the foreign currency, the domestic currency

bklm1234   125   1 Reply

latoya86

When exports of American goods increase, this __________ the demand for U.S. dollars and at the same ...

When exports of American goods increase, this __________ the demand for U.S. dollars and at the same ...

[html]When exports of American goods increase, this __________ the demand for U.S. dollars and at the same time __________ foreign currencies.

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hungry22   135   1 Reply

ftricey04

We start with a 3 percent real interest rate in the United States and in Japan. Next, the real ...

We start with a 3 percent real interest rate in the United States and in Japan. Next, the real ...

[html]We start with a 3 percent real interest rate in the United States and in Japan. Next, the real interest rate in Japan falls to 2 percent, and the U.S. real int

danny2012   144   1 Reply

bryrdan

Under a fixed exchange rate system, if the dollar price of a Mexican peso is below its equilibrium ...

Under a fixed exchange rate system, if the dollar price of a Mexican peso is below its equilibrium ...

[html]Under a fixed exchange rate system, if the dollar price of a Mexican peso is below its equilibrium level, the peso is said to be

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jr3811   109   1 Reply

janel989

To know whether the dollar is overvalued, we need to know

To know whether the dollar is overvalued, we need to know

[html]To know whether the dollar is overvalued, we need to know

▸ what foreign cu

tootsiebrowny   93   1 Reply

jpinette86

Those economists who argue that the European Union is not a true optimal currency area cite ...

Those economists who argue that the European Union is not a true optimal currency area cite ...

[html]Those economists who argue that the European Union is not a true optimal currency area cite _______________ and __________________ as justifications for this p

B88101   107   1 Reply

kinnigit

There is demand for and supply of dollars and a demand for and supply of pesos. Under a flexible ...

There is demand for and supply of dollars and a demand for and supply of pesos. Under a flexible ...

[html]There is demand for and supply of dollars and a demand for and supply of pesos. Under a flexible exchange rate system, if income growth in the United States is

jscubs1   102   1 Reply

timmcgraw1994

There is a flexible exchange rate system and only two countries in the world, the United States and ...

There is a flexible exchange rate system and only two countries in the world, the United States and ...

[html]There is a flexible exchange rate system and only two countries in the world, the United States and Mexico. The real interest rate in the United States rises r

Student06   123   1 Reply

anitasag

There is a flexible exchange rate system and only two countries in the world, the United States and ...

There is a flexible exchange rate system and only two countries in the world, the United States and ...

[html]There is a flexible exchange rate system and only two countries in the world, the United States and Mexico. An increase in income growth in Mexico relative to

jwalker824   105   1 Reply

CrazyW27

There is a flexible exchange rate system and only two countries in the world, the United States and ...

There is a flexible exchange rate system and only two countries in the world, the United States and ...

[html]There is a flexible exchange rate system and only two countries in the world, the United States and Mexico. If the inflation rate in the United States rises re

aeropa84   126   1 Reply

teamroket

The U.S. real interest rate rises relative to Japan's. As a result,

The U.S. real interest rate rises relative to Japan's. As a result,

[html]The U.S. real interest rate rises relative to Japan's. As a result,

▸ the y

Blakksheep33   100   1 Reply

yoorimchi

The U.S. dollar has depreciated relative to the Japanese yen if it takes

The U.S. dollar has depreciated relative to the Japanese yen if it takes

[html]The U.S. dollar has depreciated relative to the Japanese yen if it takes

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ahyukj   90   1 Reply

darlena

The purchasing power parity theory states that

The purchasing power parity theory states that

[html]The purchasing power parity theory states that

▸ exchange rates between any

harry32   88   1 Reply

ksweet

The purchasing power parity theory predicts that changes in the relative price levels of two ...

The purchasing power parity theory predicts that changes in the relative price levels of two ...

[html]The purchasing power parity theory predicts that changes in the relative price levels of two countries will affect the exchange rate in such a way that

adriii0825   89   1 Reply

kimtran

The purchasing power parity theory predicts better in the __________ run, and when there __________ ...

The purchasing power parity theory predicts better in the __________ run, and when there __________ ...

[html]The purchasing power parity theory predicts better in the __________ run, and when there __________ in inflation rates across countries.

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abdallaex   92   1 Reply

EM81607

The proponents of fixed exchange rates argue that flexible exchange rates

The proponents of fixed exchange rates argue that flexible exchange rates

[html]The proponents of fixed exchange rates argue that flexible exchange rates

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berry   88   1 Reply

12Jfiscus

The more dollars that must be given up to buy one British pound, the __________ American goods are ...

The more dollars that must be given up to buy one British pound, the __________ American goods are ...

[html]The more dollars that must be given up to buy one British pound, the __________ American goods are for the British and the __________ American goods the Britis

johnnyappleseed   104   1 Reply

heavenlyangel

The Mexican demand for American goods leads to

The Mexican demand for American goods leads to

[html]The Mexican demand for American goods leads to

▸ the demand for Mexican pes

Lola1   91   1 Reply

juniorp

The market in which the currencies of different countries are exchanged is called the

The market in which the currencies of different countries are exchanged is called the

[html]The market in which the currencies of different countries are exchanged is called the

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pjstaud   89   1 Reply

gronk44

The higher the U.S. dollar price per Mexican peso, the __________ Mexican goods are for Americans ...

The higher the U.S. dollar price per Mexican peso, the __________ Mexican goods are for Americans ...

[html]The higher the U.S. dollar price per Mexican peso, the __________ Mexican goods are for Americans and the __________ Mexican goods Americans will buy; thus ___

Befuddled   88   1 Reply

satish1015

The foreign exchange market is the market where

The foreign exchange market is the market where

[html]The foreign exchange market is the market where

▸ goods and services of dif

tw1gg   95   1 Reply

stanka82

The foreign exchange market is the market in which

The foreign exchange market is the market in which

[html]The foreign exchange market is the market in which

▸ foreigners buy

daogrady   87   1 Reply

sbbalt

The exchange rate is $1 = 110 yen. If the price of a Japanese good is 37,500 yen, what is the ...

The exchange rate is $1 = 110 yen. If the price of a Japanese good is 37,500 yen, what is the ...

[html]The exchange rate is $1 = 110 yen. If the price of a Japanese good is 37,500 yen, what is the approximate price of the good in dollars?

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Kiyaa   81   1 Reply

ordinarykathy