【单选题】Concerning exchange rate forecasting, ____ involves the use of historical exchange rate data to estimate future values, while ignoring the economic determinants of exchange rate movements.
【单选题】The implied PPP rate of exchange of Mexican pesos per U.S. dollar is 8.58 according to the Big Mac Index. The current exchange rate is Peso 10.8/$1. Thus, according to PPP and the Law of One Price, at...
A.
overvalued.
B.
undervalued.
C.
correctly valued.
D.
There is not enough information to answer this question.
【单选题】Suppose the real exchange rate between Russia and the UK is defined in terms of bottles of Russian vodka per bottle of UK vodka. Which of the following will increase the real exchange rate (that is, i...
A.
an increase in the price in pounds of UK vodka
B.
None of the changes described in these answers will increase the real exchange rate.
C.
an increase in the number of roubles for which the pound can be exchanged
D.
All of the changes described in these answers will increase the real exchange rate.