Which of these is NOT a benefit of pegging one's currency to the U.S. dollar or euro?
A) reduced transactions costs
B) reduced risk from excessive exchange rate fluctuations
C) more independent control of the country's monetary policy
D) an ability to attract more foreign direct investment
Correct Answer:
Verified
Q14: If a Starbucks vanilla latte costs $5
Q15: For much of the past few decades,
Q16: Payments for imports and exports of goods
Q16: An investment by a Malaysian company in
Q17: After some troubling times in Egypt, American
Q18: If rising inflation in an economy with
Q20: If yesterday one U.S. dollar could be
Q22: If Productovia has exports of $50 billion
Q100: If American colleges sell education to Chinese
Q137: The balance of trade is/are
A) exports of
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