When a country has more current claims than current liabilities, i.e., more foreign exchange receivable than foreign exchange payable, then().


When a country has more current claims than current liabilities, i.e., more foreign exchange receivable than foreign exchange payable, then().

A.the supply of foreign exchange exceeds the demand of foreign exchange, and the domestic currency appreciates

B.the supply of foreign exchange exceeds the demand of foreign exchange, and the local currency depreciates.

C.the supply of foreign exchange is less than the demand of foreign exchange, and the domestic currency appreciates.

D.the supply of foreign exchange is less than the demand of foreign exchange, and the local currency depreciates.

正确答案:the supply of foreign exchange exceeds the demand of foreign exchange, and the domestic currency appreciates