In what ways can private investors affect a currency's value? In what ways can a government's central bank affect the value of the state's currency? How are the role and the interests of the government different from that of a private investor?
What will be an ideal response?
Arbitrage is the selling of one currency (or product) and purchase of another to make a
profit on changing exchange rates. Profits are made by changes in the exchange rat,
which is the rate at which one state's currency is exchanged for another state's
currency in the global marketplace.
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Which of the following is NOT a descriptive statistic?
A) Correlated t-test B) Mean C) Standard deviation D) Range
Which of the following characterizes the
situation between the United States and the Soviet Union with respect to German reparations after WWII? a. The United States opposed the idea that the Soviet Union was owed any portion of the German war reparations. b. The Soviet Union successfully negotiated and was paid half of the $20 billion in war reparations from Germany. c. The Soviet Union extracted nearly $20 billion in reparations from the western zones of Germany, nearly twice the amount agreed on at Yalta. d. The United States and the Soviet Union were unable to come to an agreement on the amount of reparations at Yalta. e. The Soviets and Americans agreed that the Soviet Union would receive half of the $20 billion in reparations, but method and timing of payment was left unresolved and contributed to mounting tension.