Economics

43- 45- 46- 47- 48- 49- 50- If the exchange rate is expressed as the dollar-euro rate, it tells you how many dollars to give up buying one euro. Therefore, this exchange rate implies the price of a dollar in euros. True or False - Currency pegs create stability between trading partners and can remain in place for only one year. True or False Purchasing Power Parity (PPP) is an economic theory that compares different countries' currencies through a \"basket of goods approach.\" True or False A trade decit occurs when a country does not produce everything it needs and borrows from foreign countries to pay for the imports. True or False The Balance of Payments (BOP) is the method countries use to monitor all international monetary transactions at a specic period- True or False Currencies uctuate based on supply and demand. True or False Currency appreciation is an increase in the value of one currency in relation to another currency. True or False The professor of this class thoroughly enjoyed teaching the class and wishes everyone all of the best in anything you do in life- True or False