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liq [111]
3 years ago
10

Until August 1971, industrialized countries around the world maintained a fixed exchange rate of their currencies with the US do

llar, which was linked to gold. The gold standardized system was called the Bretton Woods Fixed Exchange Rate System. This system collapsed in 1971, and since then, the dollar has not been linked to gold.
Based on your understanding of the international monetary system, complete the following statements:

• A ________ exchange rate is the quoted price for a unit of foreign currency to be delivered at a specified date in the future.

• The government does not set a ________ exchange rate, which means that supply and demand in the market determine the currency’s value.

• When American customers import more from Europe than they export to Europe, the euro_______ relative to the dollar.

• The __________________ of a currency refers to an increase or decrease of the stated par value of a currency whose value is fixed.

• Under a ______________ floating regime, supply and demand for the currency determine the exchange rate. Currencies under such a regime are called currencies.

• A __________ occurs when a country agrees to exchange its own currency for a specified foreign money unit at a fixed exchange rate and legislates domestic currency restrictions unless it has the foreign currency reserves to cover requested exchanges.

Options
1- Forward, spot
2- Pegged, Floating
3- appreciates, depreciates
4- devaluation or revaluation, depreciation or appreciation
5- freely, managed 6- convertible, nonconvertible
7- fixed-peg arrangement, currency board arrangement
Business
2 answers:
Alona [7]3 years ago
8 0

Answer:

Explanation:

A forward exchange rate is the quoted price for a unit of foreign currency to be delivered at a specified date in the future.

The government sets a fixed exchange rate that is allowed to fluctuate only slightly (if at all) around the par value.

When American customers import more from Europe than they export to Europe, the euro appreciate relative to the dollar.

The depreciation or appreciation of a currency refers to a decrease or increase, respectively, in the foreign exchange value of a floating currency.

Under a managed floating regime, the government plays a significant role in managing the exchange rate by manipulating the currency's supply and demand.

Currencies under such a regime are nonconvertible currencies.

Novay_Z [31]3 years ago
4 0

Answer:

Explanation:

• A forward exchange rate is the quoted price for a unit of foreign currency to be delivered at a specified date in the future.

• The government does not set a floating exchange rate, which means that supply and demand in the market determine the currency’s value.

• When American customers import more from Europe than they export to Europe, the euro depreciates relative to the dollar.

The revaluation of a currency refers to an increase or decrease of the stated par value of a currency whose value is fixed.

• Under a freely floating regime, supply and demand for the currency determine the exchange rate. Currencies under such a regime are called convertible currencies.

• A fixed-peg arrangement occurs when a country agrees to exchange its own currency for a specified foreign money unit at a fixed exchange rate and legislates domestic currency restrictions unless it has the foreign currency reserves to cover requested exchanges.

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Scilla [17]

Answer:

False because Clan is most likely following more for less strategy.

Explanation:

Value proposition is a situation where the customer is answered for his question as to why he should prefer the sellers brand. It is an overall positioning strategy followed by the sellers. Such a strategy has five different propositions which are as follows out of which the last fifth one is the one followed by Clan in which the seller offers more benefits to the existing buyers of a different brand at a lower cost.

  • More for More : More benefits at a more higher prices as those offered by the competitors.
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  • The same for less: Under this same benefits at a lesser price is offered as compared to those by the competitors.
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4 0
3 years ago
For the U.S. economy, money holdings are a
swat32

Answer:

C) small part of household wealth, and so the interest-rate effect is small.

Explanation:

During 2011 the per capita holdings of US dollars amount to only $2950, compared to the GDP per capita of $49,794 it is not a significant amount. Some government agencies estimate that nearly 2/3 of all $100 bills are held in foreign countries.

The decrease in money holdings can be attributed to an increase in the use of banking services, especially an increase in the use of debit cards, but also credit cards and checks.

6 0
3 years ago
Lucy and Everly, a clothing retail company, wants to collect secondary data on the buying behavior of teenage customers in its n
MrRissso [65]

The action that Lucy and Everly will most likely take is obtaining of data compiled by databases created by marketing research firms within the new geographic market.

Marketing research means a process of gathering, recording, analyzing and drawing conclusion on collected data from potential customers of a product to facilitate decision making.

  • Main purpose of the marketing research is to provides information which are relevant for decision making in the firm.

  • A marketing research data are also provided by marketing research firms to firms who need them.

In conclusion, the action that Lucy and Everly will most likely take is obtaining of data compiled by databases created by marketing research firms within the new geographic market.

Read more about Marketing research

<em>brainly.com/question/24967957</em>

5 0
2 years ago
What is frim defion please help
Margaret [11]
Having a solid structure or surface. Does this help?

8 0
3 years ago
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.9 hours
topjm [15]

Answer:

-$30,250 favorable

Explanation:

labor efficiency variance = (standard quantity - actual quantity) x standard labor cost

  • actual quantity = 7,700 hours
  • standard quantity = 9.9 hours x 1,000 units = 9,900
  • standard labor cost = $13.70

labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance

the variance is favorable, because less hours were actually used than forecasted

5 0
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