Import controls that can help a government maintain a fixed exchange rate, which if left to the foreign exchange market would depreciate, are
a. lowering tariffs and increasing quotas so that more international trade occurs
b. raising tariffs and decreasing quotas so that its country's demand for foreign exchange decreases
c. requiring exporters to turn over their foreign exchange to the government at a fixed exchange rate
d. having the IMF loan the government enough foreign exchange to get through the crisis
e. causing a devaluation of the nation's currency so that exports rise and imports fall
B
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Bondholders have a "prior claim" over stockholders on a company's earnings or its assets
a. True b. False Indicate whether the statement is true or false
Over time, GDP may increase as the result of either (i) expansion in the quantities of goods produced or (ii) higher prices. Which of the following is true
What will be an ideal response?
Criticisms of the ECB center on its primary focus on ______ with less (but perhaps more needed) focus on _______.
A) unemployment and GDP growth; exchange rates B) exchange rates; inflation problems C) price stability; unemployment and GDP growth D) political cohesiveness; price stability
In general, the IMF provides developing countries with:
A. loans and lets these countries decide how the loans will be used. B. technical advice but does not provide them with loans. C. loans, but only if the government adopts certain policies specified by the IMF in return. D. neither loans nor technical advice.