Under the Current Managed Float Exchange Rate Regime,countries with ________

question 109

Multiple Choice

Under the current managed float exchange rate regime,countries with ________ in their balance of payments frequently do not want to see their currencies ________ because it makes their goods more expensive abroad and foreign goods cheaper in their countries.

• A)surpluses;depreciate
• B)deficits;depreciate
• C)surpluses;appreciate
• D)deficits;appreciate

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Definitions:

Direct Current

An electric current that flows in a single direction steadily, commonly used in batteries and DC power supplies.

Omnidirectional

Pertaining to radiation or reception of signals uniformly in all directions, often used in the context of antennas or microphone patterns.

Unidirectional

Moving in only one direction.

Bidirectional

An object that moves in two directions.