Which of the Following Statements Is Incorrect

question 68

Multiple Choice

Which of the following statements is incorrect?

• A)Governments affect foreign exchange rates indirectly by altering prevailing interest rates within their own countries.
• B)Foreign currency exchange rates vary with the day-to-day demand and supply of the two foreign currencies.
• C)Central governments can intervene in foreign exchange markets directly and value their currency at high rates relative to another currency.
• D)All of these statements are correct.

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Definitions:

Apprenticeships

A system of training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study.

Staffing Needs

Refers to the identification and fulfillment of the number and types of employees an organization requires to meet its objectives.

Planned Approach

A methodical strategy designed in advance to achieve a specific goal or to solve a particular problem.

Trust Between

The level of confidence, reliability, and understanding existing among individuals, organizations, or systems, enabling a cooperative or interdependent relationship.