If a country does not have as sound an economy as the United States,in the long run it should peg to the U.S.dollar.

Name: If a country does not have as sound an economy as the United States,in the long run it should peg to the U.S.dollar.
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Question

Quizplus · Accepted Answer

Pegging to the U.S. dollar does not automatically solve a country's economic issues and can sometimes exacerbate problems by limiting monetary policy flexibility and not necessarily reflecting the true state of the local economy.

If a Country Does Not Have as Sound an Economy