A country would tend to experience currency appreciation relative to other countries if:
a. the profitability of investments within the country increases relative to the rest of the world.
b. people in the foreign currency markets expect the value of the currency to rise in the near future.
c. the foreign demand for its exports increases
d. all of the above
d
Economics
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What is the relationship shown by the circular flow among income, total expenditure, and GDP?
What will be an ideal response?
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In practice, the Bretton Woods system is best described as
A) an adjustable peg. B) a purely fixed exchange rate C) a gold exchange standard D) Both A and C
Economics