未知题型
假设一个小国的中央银行面临世界利率R*的提高，这将会对该国的外汇储备产生什么影响?对其货币供给呢?通过国内的公开市场业务，该国能否消除这些影响?
Suppose the central bank of a small country is faced by a rise in the world interest rate，R*．What is the effect on its foreign reserve holdings? On its money supply? Can it offset either of these effects through domestic open-market operations?
A.What
【参考答案】
当世界利率提高后，该国居民将会把本国债券转换成国外债券，导致该国外汇储备和货币供应量减少。
如果资产完全可替代，......
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