What determines the value of a currency in the marketplace?
What will be an ideal response?
Answer:
Economic Factors:
Monetary & fiscal policies (interest rates
inflation, GDP) & international
competitiveness (exports & imports)
Political Factors:
Political party & leader philosophies, elections, government controls & incentives
Expectation Factors:
Expectations & forward exchange market prices (bandwagon effect)
**Economist say depends on the international fisher effect**
Fx=Rreal+inflation
Rreal= real cost of money
**Demand curve shifts up/raises $ rate when increase in tourists, or importing more**
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Zero Zone Inc. manufactures and sells display refrigeration and freezer units to supermarkets. The manufacturer is successful because it is able to keep the promises it makes. All customers know that Zero Zone's salespeople and its products live up to all the promises made. Which factor necessary for mutual trust to develop does this illustrate?
A. Profitability B. Dependability C. Spontaneity D. Likability E. Sales orientation
________ is discrimination against those traditionally considered to be in power or the majority.
What will be an ideal response?
External users include lenders, shareholders, customers, and regulators.
Answer the following statement true (T) or false (F)
The ________ of an organization is its set of distinctive capabilities that give it a distinctive edge
or cost benefit over its competitors. A) competitive heterogeneity B) competitive advantage C) competitive altruism D) competitive equilibrium