Flexible exchange rates:
A) give governments a greater degree of flexibility in monetary policy than fixed exchange rates do.
B) make it simpler to engage in international trade than fixed exchange rates do.
C) produce smaller exchange rate fluctuations than fixed exchange rates do.
D) impose a greater degree of discipline on the behavior of central banks than fixed exchange rates do.
Correct Answer:
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Q150: Which of the following is not a
Q151: Partially-flexible exchange rates:
A)provide governments with a more
Q152: If the euro becomes an international reserve
Q153: Countries are unlikely to maintain fixed exchange
Q154: Which of the following is a disadvantage
Q156: Which of the following is an advantage
Q157: In 2002, the euro replaced the currencies
Q158: Which of the following is an advantage
Q159: Under the gold standard, a nation with
Q160: The best exchange rate system:
A)is a fixed
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