An advantage of a fixed exchange rate regime is that the central bank does not have to keep foreign reserves.
Correct Answer:
Verified
Q6: The weakening of a currency under a
Q7: The system of exchange rates operating in
Q8: Under a specie standard, a country does
Q9: England chose to opt out of the
Q10: Under Europe's exchange rate mechanism the reserve
Q12: Because of China's fixed exchange rate, they
Q13: Thailand is an example of a country
Q14: A purchase of international reserves by a
Q15: A disadvantage of a managed float is
Q16: A specie standard has less stable exchange
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