The overall volume of daily currency trade was __ in 2007.
a. $3.2 billion
b. $32 billion
c. $320 trillion
d. $320 billion
Ans: d. $320 billion
Economics
You might also like to view...
An increase in the growth rate of nominal GDP would be displayed in our model as:
A. a parallel shift of the AD curve outward. B. the AD curve becoming steeper. C. a parallel shift of the AD curve inward. D. the AD curve becoming flatter.
Economics
An emerging market country that successfully used exchange-rate targeting to lower its inflation from above 100 percent in 1988 to below 10 percent in 1994 (before devaluation) was
A) Thailand. B) Mexico. C) The Philippines. D) Indonesia.
Economics