The real exchange rate, is defined as the price of the home goods in terms of the foreign goods. ( )
举一反三
- The real exchange rate, q, is defined as
- If the exchange rate falls, the losses may become a barrier to an ______ company, which exports goods to the foreign market.
- The higher the exchange rate, the A: the lower the dollar cost of imported goods and the higher the demand for foreign exchange. B: higher the dollar cost of imported goods and the lower the demand for foreign exchange. C: higher both the dollar cost of imported goods and the demand for foreign exchange. D: the lower both the dollar cost of imported goods and the demand for foreign exchange.
- If the forward exchange rate, defined as the domestic currency price<br/>of the foreign currency, is smaller than the spot exchange rate,<br/>there is a ( ). A: forward premium on the foreign currency. B: forward discount on the foreign currency. C: shortage of dollars. D: surplus of dollars.
- 1、In general, the relationship between cash exchange rate and spot exchange rate is ( ) A: The selling price for cash is lower than the selling price for foreign exchange B: The purchase price for cash is lower than the purchase price for foreign exchange C: The purchase price for cash is higher than the purchase price for foreign exchange D: The selling price for cash is higher than the selling price for foreign exchange