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kevinzhu · 2020年04月21日

问一道题:NO.PZ2018062003000215 [ CFA I ]

问题如下:

A target zone regime has a fixed parity with fixed horizontal intervention bands that are somewhat wider than bands in simple fixed parity regime. Which of the following descriptions is most accurate?

选项:

A.

We adjust target zone periodically to manage inflation expectations.

B.

A target zone provides the monetary authority smaller scope for discretionary policy.

C.

A target zone provides the monetary authority with great scope for discretionary policy.

解释:

C is correct.

Target zone will vary in order to manage inflation expectations. The wider bands, the greater scope for discretionary policy.

考点:Exchange Rate Regimes

解析:为了管理通胀预期,目标区间将有所不同。波段越宽,自由裁量政策的空间就越大。所以C选项正确而B选项不正确。

target zone 的区间范围通常在2%,所以不需要周期性的调节。A选项不正确。

才2%的区间内,可以算great吗?

1 个答案
已采纳答案

丹丹_品职答疑助手 · 2020年04月21日

嗨,爱思考的PZer你好:


同学你好,如原版书所示

A target zone regime has a fixed parity with fixed horizontal intervention bands that are somewhat wider—up to ±2 percent around the parity—than in the simple fixed parity regime. The wider bands provide the monetary authority with greater scope for discretionary policy

正负2%的话,幅度就是4%,汇率波动大不仅仅影响进出口,也会影响本国经济的发展。请知悉
 


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!


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