Business, 18.02.2020 02:08, mariasoledad1
Under a fixed exchange rate system, the government bears the responsibility to ensure that the BOP is near zero. If the sum of the current and capital accounts do not approximate zero, the government is expected to intervene in the foreign exchange market by buying or selling official foreign exchange reserves. If the sum of the first two accounts is GREATER THAN ZERO, a demand for the domestic currency exists in the world. To preserve the fixed exchange rate, the government must then intervene in the foreign exchange market and domestic currency for foreign currencies or gold so as to bring the BOP back near zero. A. deficit; sell B. surplus; sell C. deficit; buy D. surplus; buy
Answers: 1
Business, 21.06.2019 20:30, Dericktopsom
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
Business, 22.06.2019 00:40, mmsomefood85
Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:
Answers: 3
Business, 23.06.2019 13:00, itssmookie129
According to the weather forecast, there will be at least 40.5 inches of rainfall next year is an example of which type of probability
Answers: 1
Under a fixed exchange rate system, the government bears the responsibility to ensure that the BOP i...
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