IIA Exam IIA-CIA-Part3 Topic 6 Question 23 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam

Question #: 23
Topic #: 6

Countries X and Y both have freely floating exchange rate systems and an active trading relationship. If incomes [List A] in country X while all other factors remain unchanged, then the currency of country X will tend to [List B] relative to the currency of country Y.

AList A
List B

BRise
Remain constant
Rise
Depreciate

CFall
Depreciate

DRemain constant
Appreciate

Show Suggested Answer

Suggested Answer: B

by Josephine at May 09, 2022, 11:10 PM

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