Define the term overval:3fv c fd*b0,7, a*zowdt qciwued currency.

  

Year	Official Exchange Rate (peso per euro)
2020	56.19
2023	60.22

A Filipino firm pays its German-based consultant 200 000 euros every year. Using the information in the table above, what is the increase in the cost of the payment between 2020 and 2023?

  A country with a per sc1 w.oa;y-gmrf0p(xsistent current account surplus will have the following cons o01;c(mfps r. ywgxa-equences except

  What will be the impact of a current account deficit on the country’s c.fy5m q () agn57fqapuurrency under a floating exchange ra7fuqa qna5 m.(g5 yfp)te system?

  

	US$ (millions)
Imports of services	500
Exports of goods	450
Net capital transfers	45
Imports of goods	120

Calculate the balance on the current account from the table above.

  Depreciation of currency will1 zco6 wt763bnu2rflv help improve the balance of trade (BOT) if:

	Price elasticity of demand (exports)	Price elasticity of demand (imports)
A.	0.6	0.3
B.	0.5	0.6
C.	0.3	0.7
D.	0.5	0.5

  Which of the following statements a*a;vf 93wzok5n8qhm is not consistent with the likely effect of an increase in interest rates in Malaysia?na;fhvw9 z 5oka38q *m

  Which one of the following is not included in the currenm a ntqfyva3wlp1: ;b+t134yit account of the balance o 31f lbmv+n ay;4 itaq:tp3wy1f payments (BOP)?

  Which of the following is an exbmkbl4:mhr8(o()lr gd 1 pn fg/i*gr ,penditure-switching policy to correct a persistent current account deficit14bgkf(r, hd*/mm)r8lggl: (nrp iob?

I. Imposition of tariffs
II. Revaluation of currency
III. Increasing interest rates
IV. Granting subsidies to export-oriented industries

  Assume a country has a trade deficit and the sum of the price elasticities oh0n* hw0) yx3vmck e)l07uexyof . qp2f demand for exports and i* 0wqv lpyh.y02 x)em730nkuf)hxec omports is less than 1. What will be the impact of currency depreciation on the country's trade balance?

  Select which of the following would not be consistent with a w dy+1mp gu+o8trade deficit:

  Which of the following represents an invisible export in the bb . :yv8hm(oi zq:2voi:7wxqqalance of paymentsv7 ixq:qzho:i(y8wqo. v:2b m (BOP) of the US?

  Select from the table bpyd5m ec5 7)qwb o+t4xelow the appropriate transmission mechanism of a contractionary monetary policy which involves )57xetbopw4 + m5qdycraising interest rates to achieve an external balance.

	Aggregate Demand	Real GDP	Net Exports
A.	Decreases	Decreases	Increase
B.	Increases	Increases	Decrease
C.	Decreases	Decreases	Decrease
D.	Increases	Increases	Increase

  

Year	Philippine Peso per Euro
2020	56.19
2023	60.22

Using the information from the table above, how may the change in the exchange rate between 2020 and 2023 affect the inflation rate in the Philippines from the choices below.

I. Increased net exports will increase aggregate demand, causing demand-pull inflation.
II. Higher costs of imported intermediate goods, machinery, and equipment will cause short-run aggregate supply to decrease, leading to cost-push inflation.
III. Aggregate demand will fall, leading to deflation.
IV. Aggregate supply will increase, leading to deflation.

  
Given the diagram above, suppose the equilibrium exchange rate for the Canadian dollar (CAD) is at $e_1$. If the Canadian government wishes to fix the exchange rate at $e_2$, it can employ all of the following policies except:

  Devaluation would most likely aid in achieving which of the follhx8tc; giq36vp y9s v.owing policy objec;683 t i.vpyxh9s gcvqtives?

  Which of the following is the most lqm8fo h ztp)r5b4*vv+ ikely response for a country with a fixed exchange rate experieno4 qfbt rmvv*5) hp8+zcing a sharp fall in net exports?

  A country has a fixed exchange rate with the UK pound where one unit of i*(n momdmv wcu- e*+t1ts currency is w**t umdm mwcovn( 1-e+orth £0.80
£0.80. Which of the combinations of actions by the central bank would be taken if that value changed to £1?

	Own currency	UK pounds
A	Buy	Buy
B	Buy	Sell
C	Sell	Sell
D	Sell	Buy

  
Which of the following would cause the shifts from point $x$to point $z$in the above diagram depicting supply and demand for US$on the foreign exchange market?

  Which of the following is not a reassy 7/k cy w90)h pczx5go/cbk-on to adopt a floating exchange rate?

  Which of the following policies is conzq/a *-/q*nrn 1gj szvsistent with its objective?

	Policy	Objective
A.	Devaluation	Reducing inflation
B.	Revaluation	Reducing unemployment
C.	Devaluation	Reduce a current account surplus
D.	Revaluation	Improve living standards