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Foreign Exchange

Under a system of floating exchange rates the pound would depreciate in value if there occurs ?

Economics Mcqs, Foreign Exchange /
Under a system of floating exchange rates the pound would depreciate in value if there occurs ?

A. Price inflation in the United States
B. an increase in U.S real income
C. a decrease in the British money supply
D. falling interest rates in Britain

Under a system of floating exchange rates the pound would depreciate in value if there occurs ? Read More »

Economics Mcqs, Foreign Exchange

Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ?

Economics Mcqs, Foreign Exchange /
Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ?

A. 2 francs per dollar
B. 1 franc per dollar
C. $2 per franc
D. $3 per franc

Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ? Read More »

Economics Mcqs, Foreign Exchange