Which of the following is not a reason for devaluation of a currency?
A) high inflation
B) to reduce a balance-of-trade deficit
C) to decrease the amount of imports
D) high unemployment
Correct Answer:
Verified
Q42: The European Central Bank is located in:
A)
Q43: A weak dollar is normally expected to
Q44: Direct intervention is usually more effective than
Q45: The monetary policy implemented by the European
Q46: The Asian crisis is generally believed to
Q48: The currency of Country X is pegged
Q49: Market forces are the determinant of exchange
Q50: In a freely floating exchange rate system,
Q51: If a U.S. firm plans to frequently
Q52: The European Central Bank is responsible for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents