Under a System of Fixed Exchange Rates Where the Foreign

question 86

Multiple Choice

Under a system of fixed exchange rates where the foreign exchange market is in equilibrium and neither country has a balance-of-payments deficit or surplus,an increase in imports of French goods by Japanese consumers,ceteris paribus,would result in a

• A)Market surplus of francs.
• B)Balance-of-trade deficit for France.
• C)Balance-of-payments deficit for Japan.
• D)Balance-of-payments surplus for Japan.

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Definitions:

Psychoanalytic Therapy

A therapeutic approach that seeks to explore unconscious conflicts and desires, based on Freudian psychology.

Unconscious Conflicts

Refers to internal struggles, often stemming from repressed thoughts or experiences, that influence behavior and mental states without the individual's awareness.

Conscious Mind

The aspect of the mind that is aware of one's immediate experiences, thoughts, feelings, and surroundings.