Foreign Exchange Market-Revision

Front

What is the market called where AJ and YoonSoo can exchange their local currency into Euros?

Back

a market for converting currency of one country into another country

Front

What is the purpose of the Forex market?

Back

To encourage international investment and trade.

Front

If Malaysia's inflation rate decreases, what will happen to the demand for US goods and services?

Back

Decrease

Front

How can the government of a foreign country influence the equilibrium exchange rate?

Back

Impose forex barriers, impose foreign trade barriers, intervene by buying and selling currency.

Front

How does the foreign exchange market react to news with future effects according to Hadi?

Back

Based on expectations.

Front

Factors that affect forex rates: a. Relative Price Level b. Relative Inflation Rate c. Relative Income Level d. Government Expenditure e. Relative to GDP

Back

Relative Inflation Rate, Relative Income Level, Government Expenditure

Front

Reasons for government intervention in the foreign exchange market.

Back

Establish implicit exchange rate boundaries

Front

How do changes in income levels affect the demand for foreign products?

Back

If Rush's income increases, his demand for foreign products will increase.

Front

Reiya and Humza are comparing their incomes. Reiya notices that as his income increases, his ability to purchase goods and services compared to Humza's income is

Back

positively related

Front

What is YunEn's full name?

Back

Nur YunEn Binti Ruslan