An Excess Demand for Foreign Currency at Current Exchange Rates

question 100

Multiple Choice

An excess demand for foreign currency at current exchange rates is known as a

• A)Balance-of-payments deficit.
• B)Trade deficit.
• C)Balance-of-payments surplus.
• D)Trade surplus.

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Definitions:

Position

A standpoint or perspective adopted by an individual or group, often influenced by opinions or beliefs on a particular issue.

Organization

The arrangement or structure of interrelated elements in a system or entity.

References

A list of sources or a mention of the source(s) of information, used to give credit in research papers or reports.

Second Interview

A follow-up meeting in the job application process where a candidate has another opportunity to discuss their qualifications and fit for a position.