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TRUE OR FALSE

20. AN INSTITUTE FOR SUPPLY MANAGEMENT (ISM) # AT 51 SHOWS GROWTH

21. THE DXY WOULD WEAKEN IF US GROWTH ACCELERATING

22. THE DXY WOULD WEAKEN IF THE INTEREST RATE DIFFERENTIALS

NARROW BETWEEN THOSE NATIONS

23. IF OIL PRICES RISE THAT SHOULD SUPPORT RUB (RUSSIAN RUBLE

24. A SYNCHRONIZED GLOBAL RECOVERY POINTS TO A MARKET PICKUP

IN CYCLICAL COMMODITIES AND THE SUPPLY/DEMAND BALANCE

SHOULD TIGHTEN

25. BOND PRICES INVERTED TO INFLATION.

26. IN A FIXED EXCHANGE RATE SYSTEM, RATES ARE EITHER HELD CONSTANT

OR ALLOWED TO FLUCTUATE W/IN A NARROW RANGE.

27. DEVALUATIONS (REDUCE A CURRENCY'S VALUE) AND REVALUATIONS

(INCREASE CURRENCY'S VALUE) ARE COMMONLY REFERRED IN THE

FLOATING RATE REGIME.

28. THE BRETTON WOODS AGREEMENT ALLOWED FOR FIXED EXCHANGE

RATES WHERE EACH CURRENCY VALUED IN TERMS OF GOLD

29. ONE ADVANTAGE OF FIXED EXCHANGE RATES WAS GREATER STABILITY,

LESS VOLATILITY IN EXCHANGE RATES

30. fREELY FLOATING EXCHANGE RATES DETERMINED BY MARKET FORCES

31. HERE, CURRENCY ADJUSTS IN RESPONSE TO DEMAND & SUPPLY CONDITIONS

32. IN FREELY FLOATING REGIME, INCREASE IN F/X VOLATILITY (MARKET FORCES)

33. IN A PEGGED EXCHANGE RATE REGIME, HOME CURRENCY IS FIXED TO

ANOTHER FOREIGN CURRENCY AND MOVES IN LINE AGAINST OTHER

CURRENCIES TO THE DEGREE IT IS PEGGED

34. HONK KONG'S MONETARY AUTHORITY IS A CURRENCY BOARD- AND IT PEGS

THE HK DOLLAR TO THE USD

35. NATION THAT UTILIZES A CURRENCY BOARD DOES NOT HAVE COMPLETE

OVER ITS LOCAL INTEREST RATES

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