In a floating exchange rate system, the dollar per pound exchange rate

1.In a floating exchange rate system, the dollar per pound exchange rate is determined by: 选项： A、the American government B、the British government C、the interaction of the demand and supply of pounds in the foreign exchange market D、the interaction of the demand for and supply of dollar-denominated assets in the stock market

2.Other things remaining unchanged, if American exports to Japan increase and American imports from Japan decrease, then under a floating exchange rate system, we would expect:（）选项： A:the U.S. dollar to appreciate B:the yen value of a U.S. dollar to be higher in Tokyo than in New York. C:the demand for Japanese yen to increase in the foreign exchange market. D:the supply curve of Japanese yen to shift inward.

3.Other things remaining unchanged, if American exports to Japan increase and American imports from Japan decrease, then under a floating exchange-rate system, we would expect 选项： A: the U.S. dollar to appreciate. B: the yen value of a U.S. dollar to be higher in Tokyo than in New York. C: the demand for Japanese yen to increase in the foreign exchange market. D: the supply curve of Japanese yen to shift inward.

4.Under a floating exchange rate system, the value of the dollar per euro exchange rate rises when:

5.The descriptions about exchange rate are true, except _____ 选项： A、Free floating exchange rate is determined by market forces B、fixed exchange rate is set by government intervention through buying and selling domestic currencies C、A currency depreciates if it falls in value on the foreign exchange market D、A currency appreciates if it rises in value on the foreign exchange market.

6.An increase in the Australian exports of goods and services to USA will result in a(n) _____ U.S. dollar and a(n) _____ the Australian dollars in the foreign exchange market.( )选项： A:increase in the demand for; increase in the supply of B:increase in the supply of; increase in the demand for C:shortage in ; surplus of D:decrease in the supply of; decrease in the demand for

7.If the nominal exchange rate is 2 UK pounds per US dollar, and if the price of a Big Mac is $2 in the USA and 6 pounds in the UK, then the real exchange rate is 2/3 British Big Mac per American Big Mac. (1.0)

8.Consider that Britain is trying to maintain a fixed exchange rate with respect to the U.S. dollar. However, the present situation in the foreign exchange market is conducive for the British pound to depreciate with respect to the U.S. dollar. A fully sterilized intervention in the foreign exchange market by the British government is expected to cause: 选项： A、the British money supply to fall B、the British money supply to rise C、the British money supply to remain unchanged D、Britain to gain official international reserves

9.What is the exchange rate between the dollar and the British pound if a pair of American jeans costs 50 dollars in New York and 100 Pounds in London?

10.(单选题)The figure below illustrates the market for British pounds. D£ and S£ are the nonofficial demand and supply curves of the British pounds, respectively.If the British government wants to peg the dollar per pound exchange rate at $2.50 per pound, what action would British monetary authorities have to undertake? 选项： A: Buy 1 million pounds and sell 1 million dollars B: Buy 1 million pounds and sell 2.5 million dollars C:Buy 6 million pounds and sell 12 million dollars D:Sell 1 million pounds and buy 2.5 million dollar

11. A "dirty float" exchange rate system refers to 选项： A: an exchange rate system wherein policymakers allows the value of the domestic currency to be determine only by the forces of supply and demand. B: an exchange rate system whereby each of the members of the system peg their currency against one of the major currencies, such as the U.S. dollar, which is in turn pegged against a commodity, such as gold. C: an exchange rate arrangement in which the domestic currency is primarily managed by the central bank of a foreign country, which is typically the major trading partner. D: an exchange rate arrangement in which a nation allows the international value of its currency to be primarily determined by market forces, but intervenes occasionally to stabilize its currency.

12.U .S . travelers to Europe usually exchange dollars for euros . Assuming that the euro supply is static, how does this currency exchange, considered in isolation, affect the demand for euros and the exchange rate? 选项：A、 It increases demand and increases the dollar price of euros .B、 It decreases demand and increases the dollar price of euros .C、 It increases demand and decreases the dollar price of euros .D、 It decreases demand and decreases the dollar price of euros .

14.A
shortage of pounds in U.S. under a flexible exchange rate system
results in ( ) 选项： A、a
depreciation of the pound B、a
depreciation of the dollar C、an appreciation of the dollar D、no change in the exchange rate

15.The more elastic the import demand curve is, the选项： A:more elastic the demand curve for foreign exchange is.; B:less elastic the demand curve for foreign exchange is.; C:more elastic the supply curve for foreign exchange is.; D:less elastic the supply curve for foreign exchange is.

16.Rapid increases in the U.S. exports of goods and services will result in a(n) _____ foreign currency and a(n) _____ the U.S. dollars in the foreign exchange market.选项： A:increase in the demand for; increase in the supply of B:increase in the supply of; increase in the demand for C:shortage of foreign currency; surplus of D:decrease in the supply of; decrease in the demand for

17.An increase in capital inflows in the United States will result in a(n) ________ foreign currency and a(n) ________ U.S. dollars in the foreign exchange market.（8.0分）选项： A:increase in the demand for; increase in the supply of B:increase in the supply of; increase in the demand for C:shortage of foreign currency; surplus of D:decrease in the supply of; decrease in the demand for

18.The more elastic the import demand curve is, the 选项： A、more elastic the demand curve for foreign exchange is. B、less elastic the demand curve for foreign exchange is. C、more elastic the supply curve for foreign exchange is. D、less elastic the supply curve for foreign exchange is.

19.[单选题]9) How is the AA schedule derived? A It is derived by the schedule of interest rate and output combinations that are consistent with equilibrium in the domestic money market and the foreign exchange market. B It is derived by the schedule of exchange rate and output combinations that are consistent with equilibrium in the foreign money market and the domestic exchange market. C It is derived by the schedule of exchange rate and output combinations that are consistent with equilibrium in the domestic money market and the foreign exchange market. D It is derived by the schedule of exchange rate and output combinations that are consistent with equilibrium in the domestic bond market and the foreign asset market. E It is derived by the schedule of exchange rate and output combinations that are greater than equilibrium in the foreign money market and the domestic exchange market.

20.【单选题】According to the delivery date in foreign exchange market, foreign exchange can be divided into ______________and _____________. 选项：A、free exchange; account exchange B、spot exchange; forward exchange C、trade exchange; invisible trade exchange D、fixed exchange rate system; floating exchange rate system

21.Which of the following is NOT true regarding the market for foreign exchange? 选项： A、The market provides the physical and institutional structure through which the money of one country is exchanged for another. B、The rate of exchange is determined in the market. C、Foreign exchange transactions are physically completed in the foreign exchange market. D、All of the above are true.