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WorksheetsMacroeconomics - p.427-443
Total questions: 11
Worksheet time: 6mins
A(n) ___________ is a rule governing policy toward the exchange rate.
Exchange Rate Regime
Fixed Exchange Rate
Floating Exchange Rate
A country has a(n) ___________ when the government keeps the exchange rate against some other currency at or near a particular target.
Fixed Exchange Rate
Exchange Rate Regime
Floating Exchange Rate
A country has a(n) ___________ when the government lets the exchange rate go wherever the market takes it.
Floating Exchange Rate
Exchange Rate Regime
Fixed Exchange Rate
Government purchases or sales of currency in the foreign exchange market constitute ___________.
Exchange Market Intervention
Foreign Exchange Reserves
Foreign Exchange Controls
Exchange Rate Regime
___________ are stocks of foreign currency that governments maintain to buy their own currency on the foreign exchange market.
Foreign Exchange Reserves
Foreign Exchange Controls
Floating Exchange Rate
Exchange Market Intervention
___________ are licensing systems that limit the right of individuals to buy foreign currency.
Foreign Exchange Controls
Exchange Market Intervention
Foreign Exchange Reserves
Floating Exchange Rate
A ___________ is a reduction in the value of a currency that is set under a fixed exchange rate regime.
Devaluation
Revaluation
Valuation
A ___________ is an increase in the value of a currency that is set under a fixed exchange rate regime.
Revaluation
Devaluation
Valuation
___________ is the practice of limiting trade to protect domestic industries.
Protectionism
Tariffs
Import Quota
Foreign Exchange Controls
___________ are taxes on imports.
Tariffs
Import Quota
Protectionism
Foreign Exchange Controls
An ___________ is a limit on the quantity of a good that can be imported within a given period.
Import Quota
Tariffs
Protectionism
Foreign Exchange Controls
