The U.S. and other major nations all agree that intervention in the foreign exchange markets is costly and unproductive.

Question

Quizplus · Accepted Answer

While many economists and policymakers argue that intervention in the foreign exchange markets can be costly and unproductive, there is no unanimous agreement among the U.S. and other major nations on this issue. Some countries actively intervene in the foreign exchange market to manage their currency values for various economic reasons.

The US and Other Major Nations All Agree That Intervention in in the Foreign