Refer to above Table 2-2. What is the nominal GDP in year 2?

Equilibrium price is the price:

a. from which there is always a tendency to move away b. where supply equals demand c. where there is either a surplus or a shortage d. suppliers agree to charge e. none of the above

The most common tool of analysis in international finance for measuring the average value of a currency relative to several other currencies is

A) bilateral exchange rates. B) cross exchange rates. C) exchange rate indexes. D) All of above.