The yen is considered to be stronger if:
A) it takes fewer yen to acquire a foreign currency such as a dollar
B) it takes more yen to acquire a foreign currency such as a dollar
C) it takes fewer dollars to acquire a yen
D) it takes fewer dollars and fewer euros to acquire a yen
A
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The term contagion refers to
A) a government's complete control over it's banking system. B) a drop in interest rates across industrialized countries. C) the vulnerability of healthy economies to crises generated by events elsewhere. D) a directed attack on one market by a foreign market. E) a side effect of international trade.
An official agreement with another country to restrict the quantity of its exports to the U.S. is
A) a regional trade bloc. B) the quota system. C) a voluntary import expansion. D) a voluntary restraint agreement.