1.A country with fixed exchange rates goes through a long period in which the fixed
exchange rate stays above the market-determined rate. Explain the effects of this situation on:
(i) the foreign exchange reserves of the central bank,
(ii) the money supply
(iii) the balance of payments
2. Is it possible that changes to Monetary Policy could change the supply and demand for foreign exchange? Explain.
[此贴子已经被作者于2006-5-4 16:36:44编辑过]
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