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An Antidote to coronavirus is invented in Denmark. (1)It is then expected that: A.The Danish krone will depreciate due to an increase in the export
An Antidote to coronavirus is invented in Denmark. (1)It is then expected that: A.The Danish krone will depreciate due to an increase in the export of capital B.The Danish krone will depreciate due to an increase in the export of goods C.The Danish krone will appreciate due to an increase in the export of goods D.The Danish krone will depreciate due to an increase in the import of goods (2)By what step can the Danish central bank curb the expected exchange rate change? A. By decreasing the interest rate or by buying euro B. By increasing the interest rate or by selling euro C. By increasing the interest rate or by buying euro D. By decreasing the interest rate or by selling euro (3)What will investors do, if they find out about this news in a timely manner? A. They sell Danish krone in the spot market B. They buy put options for the Danish krone C. They buy forward Danish krone D. They sell forward Danish krone
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