The _____ School of Thought Argues That Forward Exchange Rates

question 139

Multiple Choice

The _____ school of thought argues that forward exchange rates do the best possible job of forecasting future spot exchange rates,and,therefore,investing in forecasting services would be a waste of money.

• A)efficient market
• B)inefficient market
• C)quantitative
• D)qualitative

Understand the effects of fixing exchange rates and limiting currency convertibility on international trade.

Evaluate the protective measures for domestic industries and their overall benefit to the economy.

Understand the benefits and costs of international trade for domestic consumers and producers.

Analyze the effects of tariffs and trade policies on a country's economy.

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Definitions:

Surplus

The amount of an asset or resource that exceeds the portion that is utilized.

Pennsylvania System

A penal system based on solitary confinement and rehabilitation of the prisoner.

General Contractor

A principal contractor who is responsible for the execution, completion, and day-to-day oversight of a construction project.

Lien Rights

Legal claims or rights against a property that are created to secure payment of a debt or performance of an obligation.