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TRUE OR FALSE
20. AN INSTITUTE FOR SUPPLY MANAGEMENT (ISM) # AT 51 SHOWS GROWTH
21. THE DXY WOULD WEAKEN IF US GROWTH ACCELERATING
22. THE DXY WOULD WEAKEN IF THE INTEREST RATE DIFFERENTIALS
NARROW BETWEEN THOSE NATIONS
23. IF OIL PRICES RISE THAT SHOULD SUPPORT RUB (RUSSIAN RUBLE
24. A SYNCHRONIZED GLOBAL RECOVERY POINTS TO A MARKET PICKUP
IN CYCLICAL COMMODITIES AND THE SUPPLY/DEMAND BALANCE
SHOULD TIGHTEN
25. BOND PRICES INVERTED TO INFLATION.
26. IN A FIXED EXCHANGE RATE SYSTEM, RATES ARE EITHER HELD CONSTANT
OR ALLOWED TO FLUCTUATE W/IN A NARROW RANGE.
27. DEVALUATIONS (REDUCE A CURRENCY'S VALUE) AND REVALUATIONS
(INCREASE CURRENCY'S VALUE) ARE COMMONLY REFERRED IN THE
FLOATING RATE REGIME.
28. THE BRETTON WOODS AGREEMENT ALLOWED FOR FIXED EXCHANGE
RATES WHERE EACH CURRENCY VALUED IN TERMS OF GOLD
29. ONE ADVANTAGE OF FIXED EXCHANGE RATES WAS GREATER STABILITY,
LESS VOLATILITY IN EXCHANGE RATES
30. fREELY FLOATING EXCHANGE RATES DETERMINED BY MARKET FORCES
31. HERE, CURRENCY ADJUSTS IN RESPONSE TO DEMAND & SUPPLY CONDITIONS
32. IN FREELY FLOATING REGIME, INCREASE IN F/X VOLATILITY (MARKET FORCES)
33. IN A PEGGED EXCHANGE RATE REGIME, HOME CURRENCY IS FIXED TO
ANOTHER FOREIGN CURRENCY AND MOVES IN LINE AGAINST OTHER
CURRENCIES TO THE DEGREE IT IS PEGGED
34. HONK KONG'S MONETARY AUTHORITY IS A CURRENCY BOARD- AND IT PEGS
THE HK DOLLAR TO THE USD
35. NATION THAT UTILIZES A CURRENCY BOARD DOES NOT HAVE COMPLETE
OVER ITS LOCAL INTEREST RATES
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