Which of the below statements is TRUE?

Question

Quizplus · Accepted Answer

The statement that is true is that a chief disadvantage of unstable foreign currency exchange rates is that volatility in the prices of currencies inhibits the international trade that offers a host of benefits to all participating countries. A is false because stabilizing interest rates is directly related to the goal of growth and to the Fed's responsibility for the health of the nation's financial and banking system. B is false because the Fed's goal is not to prevent changes in rates, but rather to stabilize them. C is false because exchange rates are not independent of the monetary policies of major countries and the Fed does not have a specific goal of stabilizing foreign exchange rates.

Which of the Below Statements Is TRUE