Under the IMF fixed exchange rate system, a nation running a balance of payments surplus would have an excess __________ its currency in the foreign exchange market and that nation's central bank would have to __________ some of its currency
A) supply of; buy
B) supply of; sell
C) demand for; buy
D) demand for; sell
D
Economics
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What factor has the greatest influence on elasticity and inelasticity of supply?
a. profit b. labor c. time d. financing
Economics
Which of the following institutions within the Federal Reserve System determines how many government securities the Fed should buy or sell on a given day?
A) the Federal Reserve Bank of Chicago's Board of Trade. B) the Board of Governors. C) Federal Advisory Committee. D) the Federal Reserve Bank of New York's Trading Desk.
Economics