Answers
International Economics, Working Group Answers (2020/2021)
- Course
- Institution
- Book
Working Group Answer 2020/2021. They are very extensive, with the graphs included
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Summary of Macroeconomics 2B: International money
-
Summary International Trade Theory Lectures ('21 - '22)
-
International Trade full summary
2 reviews
By: sjoerdfaassen • 1 year ago
By: gideonn94 • 3 year ago
Seller
Follow
ek99
Reviews received
Available practice questions
International Economics
Flashcards
23 Flashcards
Free
6 sales
Flashcards
23 Flashcards
Free
6 sales
Some examples from this set of practice questions
1.
Correct or Incorrect? The trilemma of exchange rate regimes says that you cannot achieve exchange rate stability and monetary policy autonomy at the same time
Answer: Incorrect
2.
Correct or Incorrect? If the yen were pegged to the US dollar at an exchange rate of 1 US dollar for 100 yen, you could not find a rate of 1 US dollar for 100.1 yen on the foreign exchange markets
Answer: Incorrect
3.
Correct or Incorrect? Dirty floating means that CB take unconventional measures to ensure that their currency is freely floating
Answer: Incorrect
4.
Correct or Incorrect? A currency peg is nothing but a promise of keeping the exchange rate fixed
Answer: correct
5.
correct or incorrect? Dollarization is the same as currency substitution when the dollar is used for substituting the national currency
Answer: correct
6.
Correct or Incorrect? Fixing the exchange rate leads to price discipline because a domestic monetary expansion will have to be undone on the foreign exchange market
Answer: Correct
7.
Correct or Incorrect? The nature of a crawling peg is that the CB changes the fixed rate at will
Answer: Incorrect
8.
Correct or Incorrect? Speculators can bring down a monetary union just as they can bring down a fixed exchange rate regime
Answer: Incorrect
9.
Which of the following is correct; a) A country with a current account surplus is earning more form its exports than it spends on imports b) A country could finance a current account deficit by using previously accumulated foreign wealth to pay for its net imports c) A country with a current account deficit is increasing its net foreign debts by the amount of the deficit d) We can describe the CA surplus as the difference between national income and domestic absorption e) All of the above are true
Answer: e
10.
In Sept 2011 the SNB announced that ‘it will no longer tolerate a EUR/CHF exchange rate below the minimum rate of CHF 1.20, but in Jan 2015 the SNB abruptly stopped its interventions in the foreign exchange market. Why did the SNB stop fixing the euro exchange rate? a) To prevent continuous appreciation b) To prevent a continuous depreciation c) To prevent a too large expansion of money supply leading to inflation d) To prevent a too large contraction of money supply leading to deflation e) To prepare its quest of membership in the EU and the eurozone
Answer: c
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ek99. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.51. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
97338 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now