第十二章单元测试
- The more intensive and extensive are cross-border trade and factor movements, the greater is the gain from a fixed cross-border exchange rate. ( )
- An inflation-prone country_______. ( )
- The German central bank in the European Monetary System, 1979-1998 ______. ( )
- The European Central Bank has its headquarter in_______. ( )
- The monetary efficiency ______. ( )
- When the economy is disturbed by a change in the output market_______. ( )
- The intersection of GG and LL determines ______. ( )
- Which of the following best defines an optimum currency area? ( )
- Discuss the benefits and costs of joining a fixed-exchange area.
- Using the GG-LL framework, analyze the effect of an increase in the size and frequency of sudden shifts in the demand for a country's exports.
A:错 B:对
答案:对
A:loses from vesting its monetary policy decisions with a "conservative" central bank.
B:remains constant when vesting its fiscal policy decisions with a "conservative" central bank.
C:loses from vesting its fiscal policy decisions with a "conservative" central bank.
D:gains from vesting its monetary policy decisions with a "conservative" central bank.
A:lacked control over inflation since it had fixed its exchange rate.
B:was very inflation-averse.
C:lacked sufficient reserves.
D:was moderately inflation-averse.
A:London.
B:Frankfurt.
C:Paris.
D:Brussels.
A:gain from pegging say the Norwegian krone to the euro (for example) will be higher if factors of production can migrate freely between Norway and the euro area.
B:gain or loss from pegging the Norwegian krone to the Euro cannot be predicted using the available information.
C:loss from pegging the Norwegian krone to the euro (for example) will be higher if factors of production can migrate freely between Norway and the euro area.
D:gain from pegging the Norwegian krone to the euro (for example) will be lower if factors of production can migrate freely between Norway and the euro area.
A:a crawling peg exchange rate has an advantage over a flexible rate.
B:a flexible exchange rate is not as effective as a fixed exchange rate.
C:a floating exchange rate has an advantage over a fixed rate.
D:a floating exchange rate has the same effect as fixed rate.
A:the minimum level of integration that will cause Norway to join the fixed exchange rate regime.
B:the optimal level of integration desired by Norway.
C:the maximum integration level desired by Norway.
D:the maximum level of integration that will cause Norway to join the fixed exchange rate regime.
A:a group of nations that engage in free trade with each other
B:a group of regions with economies closely linked by factor mobility and by trade in goods and services
C:a group of regions in close proximity to each other.
D:a group of nations sharing the same currency
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