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The mint parity refers to the( )

A. gold export point
B. gold import point
C. equilibrium exchange rate
D. ratio of the price of a unit of gold in terms of the currency of two nations

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Which of the following regarding the adjustment under gold standard is true( )

A. the exchange rate is determined by demand and supply between the gold points and is prevented from moving outside the gold points by gold shipments
B. exchange rates between two nations can fluctuate freely under gold standard
C. It shows that a nation should attempt to continuously accumulate gold
D. all of the above

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A foreign exchange market is unstable if the supply curve is positively sloped and less elastic () than the demand curve of foreign exchange. ()

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The Marshall–Lerner condition indicates a stable foreign exchange market if the sum of the price elasticities of the demand for imports and the demand for exports0, in absolute terms, is less than 1. ()

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A foreign exchange option is a forward contract for standardized currency amounts and selected calendar dates traded on the exchange market. ()

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The mint parity refers to the( )

A. gold export point B. gold import point C. equilibrium exchange rate D. ratio of the price of a unit of gold in terms of the currency of two nations

Which of the following regarding the adjustment under gold standard is true( )

A foreign exchange market is unstable if the supply curve is positively sloped and less elastic () than the demand curve of foreign exchange. ()

The Marshall–Lerner condition indicates a stable foreign exchange market if the sum of the price elasticities of the demand for imports and the demand for exports0, in absolute terms, is less than 1. ()

A foreign exchange option is a forward contract for standardized currency amounts and selected calendar dates traded on the exchange market. ()

A. gold export point
B. gold import point
C. equilibrium exchange rate
D. ratio of the price of a unit of gold in terms of the currency of two nations