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If a country’s currency has a long-term appreciation trend, cross-border funds tend to flow out.
If a country’s currency has a long-term appreciation trend, cross-border funds tend to flow out.
A.正确
B.错误
正确答案:错误
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货币金融经济学
中国大学MOOC货币金融经济学
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If the local currency is pegged to a basic foreign currency and the exchange rate fluctuates with it, it is called a floating exchange rate.
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When a country has a balance of payments deficit, its currency tends to appreciate. When the balance of payments is in surplus, the currency tends to depreciate.