MCQ Hive stays free thanks to ads. Please disable your ad blocker for this site so content and features keep working.
Economics Mcqs
Q
Under managed floating exchange rates if the rate of inflation in the United States is less than the rate of inflation of its trading partners the dollar will likely ?
AA. Appreciates against foreign currencies
BB. Depreciates against foreign currencies
CC. Be officially revalued by the government
DD. Be officially devalued by the government
Correct Answer:
A. A. Appreciates against foreign currencies