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ssion question X + 28 1915 开发工具: EXA Q查找命令,搜索模板 会员专享 Aubbccod AaBbC AaBbCct AaBbC iEx 61 63 A 文字排版+ QA 查找替换。 选择 uestions 1. At the beginning of the pandemic, global demand for oil fell drastically. How did this affect the price of oil? How did this affect the value of net exports for Trinidad and Tobago 2. How did the decrease in global demand for oil affect the demand for Trinidad and Tobago Dollars? What type of pressure did this put on the exchange rate vis-à-vis the US Dollar? 3. The Central Bank of Trinidad and Tobago intervened to keep the value of the exchange rate relatively stable vis-à-vis the US Dollar. How did it do this? What happened to Trinidad and Tobago's stock of foreign reserves (USD) as a result? 4. In October 2020, the Central Bank of Trinidad and Tobago said that it would not devalue the currency. How would devaluing the Trinidad and Tobago Dollar have affected the macroeconomy? Who would have benefitted and who would have lost if the Central Bank of Trinidad and Tobago would have devalued the currency? 5. Who benefits and who loses from the current managed float regime (keeping the exchange rate between 6.5 and 6.8 TTD to USD)?

BFQAAMD0-8-x AaAalb 481 1 Trinidad and Tobago's Managed Float References budete Mangement (Central Bank of Triedad and Tobago, 21) Den 11 Dec Not the Best Outien (Karen Regis, Trinidad and Tobage Garden, 2 Sept 2020) Cental BkDevakaton Aane Won't Fx Economic Chaletu (Daron Cheval Loep, 2 Oct 2020) BAS. Time to Floot the Terstad and Tobago Dolac (KMM Trinidad and Tobago Newsday, 31 Dec 2020) WLResome 1145 Dola Rae Mt Depredate (Rached Epinet Trinidad and Tobags Newsday, 6 Apr 2021) Trinidad and Tobago is a country in the Caribbean. It is the top producer of oil and gen the region, as well as being an important supplier of fundal services and a tou destination. Prior to April of 1993, Trinidad and Tobago had seed exchange neregime Beginning in April of 1993, it allowed its currency to feat Currently, it has a managed floo regime. A managed foot exchange rate regime is one in which the exchange rates allowed to fol (be determined by market forces) on a daily basis, hit the central bar intervees to prevent it from appreciating or depreciating too much of outside of a certain range. It is the most common exchange rate regime in use today. For the past six years, the exchange rate has be bet 6.5 and 6 Treidad and Tobage Das (TTD) per 1 US Dollar for 13 vews before that, the exchange rate was betwee 51 and 53 TTD per 1 USD) The free tem se al orang the TTD to depreciate at the USD as a result of the ponde, indhuling seme emates that the exchange rate should be between 8 and 10 TTD per 100. The Central Bk of Tridad and Tobage has said that it wil net devalue the TTD steal, has been ding the v of the TTD rly constant for the past two years the hand in which lots has bem very am roughly 0.6T10 ger 1USD from the begiving of 2000 to Odber 2021, and soughly 68110 per 1 USD anco then (of Apr 28, 2922) 6.78 Trinidad & Tobago Dollar Naloge