【简答题】Read the case and answer the following five questions.:On June 15, 1997, Company A sent out an order to Company B, requested Company B’s reply before July 10 ,1997. At the beginning of July in1997, th...
Countries that want to have a fixed exchange-rate regime should be willing to refrain from policy changes that lead to large international capital flows.
B.
For a floating exchange-rate to work for a country, it cannot have an inflation rate that is much above the inflation rate(s) of its primary trading partners.
C.
Fixed exchange-rates encourage countries to have different goals, priorities and policies with respect to macroeconomic variables.
D.
If capital is highly mobile, fiscal policy then loses its effectiveness under a fixed exchange rate.
【简答题】When traveling overseas, it's a good idea to carry an International Driving Permit, even if you're not planning to drive. Valid in over 150 countries, the permit contains your name, photo and driver i...