Under a fixed exchange rate system, a government is at risk of running out of foreign currency reserves when the country's imports exceed its exports

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Refer to the figure above. If A forms a customs union with B, it will import

A) 400 units from B. B) 200 units from C. C) 200 units from each. D) 400 units from B and 200 units from C.

Economics

The net asset value of an open-end mutual fund is equal to the

A) profits of the fund. B) dividends paid out by the fund. C) market value of the securities held by the fund. D) price-earnings ratio of the fund.

Economics