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Foreign currency in the foreign exchange market

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1. One way a government can implement direct intervention is to exchange its currency for a foreign currency in the foreign exchange market?

True/false

2. National that use a managed float system cannot use indirect market intervention to influence the value of their currency on the foreign exchange market?

True/false

3. The bid/ask spread quoted for retail transaction is typically wider than the spread quoted for wholesale transactions?

True/false

4. The World Bank attempts to increase economic development by issuing subsidized loans to government in need?

True/false

5. The International Monetary Fund is tasked with, among other things, promoting exchange rate stability.

True/false

Reference no: EM132552455

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