ADMS 1010 : ECON_CH25.pdf
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Under a system of floating exchange rates, which of the following would not tend to cause an increase in the value of a country's currency?
Question 1 options:
An increased demand for the country's goods. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Offering higher interest rates than other countries. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
A downturn in the country's business activity. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
A lower rate of inflation than other countries. 2. Foreign currency is usually referred to as Question 2 options:
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