If an important oil exporter such as Saudi Arabia were successful in raising the price of petroleum in the next few weeks, would a flexible exchange rate or a fixed exchange rate for the United States be better for mitigating the negative economic impact upon the United States? Why?

Question

Quizplus · Accepted Answer

The Answer of If an important oil exporter such as Saudi Arabia were successful in raising the price of petroleum in the next few weeks, would a flexible exchange rate or a fixed exchange rate for the United States be better for mitigating the negative economic impact upon the United States? Why?

If an Important Oil Exporter Such as Saudi Arabia Were