yifan Hu
2018-11-09 06:17習(xí)題Connor Wagener 中的第四題Assume an emerging market (EM) country has restrictive monetary and fiscal policies under low capital mobility conditions. Are these policies likely to lead to currency appreciation, currency depreciation, or to have no impact? 解析 The currency is likely to appreciate. The emerging market country has both a restrictive monetary policy and restrictive fiscal policy under conditions of low capital mobility. Low capital mobility indicates that interest rate changes induced by monetary and fiscal policy will not cause large changes in capital flows. Implementation of restrictive policies should result in an improvement in the trade balance, which will result in currency appreciation. 不是說(shuō)在low mobility 下 restrict both monetary 和 fiscal 產(chǎn)生是undetermined 因?yàn)閞estrict monetary 導(dǎo)致升值,restrict fiscal 導(dǎo)致貶值。 但這里得答案是升值，麻煩解釋一下。謝謝。
所屬：CFA Level II > Economics 視頻位置 相關(guān)試題
來(lái)源： 視頻位置 相關(guān)試題
1個(gè)回答
Sinny助教
2018-11-09 10:10
該回答已被題主采納
同學(xué)你好，restricted fiscal policy最終導(dǎo)致的是貨幣升值，而不是貶值。
所以您這邊是這里判斷錯(cuò)了哈
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追問
哦，對(duì)。 謝謝，邵老師！
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