普格尔《国际金融(第17版)》试卷 答案 (20)[25页] .pdf

International Economics, 17e (Pugel) Chapter 20 Government Policies toward the Foreign Exchange Market 1) ________ are in place when a countrys government places restrictions on the conversion of the domestic currency into foreign currency or vice versa. A) Exchange controls B) Capital controls C) Official interventions D) Adjustable pegs Answer: A Difficulty: 1 Easy Topic: Two Aspects: Rate Flexibility and Restrictions on Use Blooms: Remember AACSB: Reflective Thinking Accessibility: Keyboard Navigation 2) Which of the following are in place when government imposes limits on or requires approvals for payments related to some (or all) international financial investment activities? A) Exchange controls B) Capital controls C) Official interventions D) Adjustable pegs Answer: B Difficulty: 1 Easy Topic: Two Aspects: Rate Flexibility and Restrictions on Use Blooms: Remember AACSB: Reflective Thinking Accessibility: Keyboard Navigation 3) With a(n) ________, the government allows the market to determine the exchange rate of a currency. A) adjustable peg B) dirty float C) crawling peg D) clean float Answer: D Difficulty: 1 Easy Topic: Floating Exchange Rate Blooms: Remember AACSB: Reflective Thinking Accessibility: Keyboard Navigation 1 Copyright 2020 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 4) Under which of the following policies does the government enter the foreign exchange market and buy or sell foreign currency to influence the exchange rate of the domestic currency? A) Exchange controls B) Capital controls C) Official intervention D) Devaluation or revaluation Answer: C Difficulty: 1 Easy Topic: Floating Exchange Rate Blooms: Remember AACSB: Refl