McqMate
Q. |
All else equal and under a system of floating exchange rates, if a country enters a period of exceptionally strong growth, |
A. | the pressure on its currency is to revalue. |
B. | the pressure on its currency is to devalue. |
C. | the pressure on its currency is to depreciate. |
D. | the pressure on its currency is to appreciate. |
Answer» A. the pressure on its currency is to revalue. |
View all MCQs in
International Financial ManagementNo comments yet