The benefits of a 'currency board' include:
A) they are an effective means of pegging the exchange rate when a hard peg is required
B) the fact that governments operating currency boards must accept restrictions on the way they conduct policy
C) they can be very effective in countries suffering hyperinflation
D) they are an effective means of pegging the exchange rate when a hard peg is required and they can . be very effective in countries suffering hyperinflation
Correct Answer:
Verified
Q22: The term 'SDR' refers to:
A) Special Drawing
Q23: The 'Triffin Paradox' may be explained by
Q24: The collapse of the Bretton Woods system
Q25: An exchange rate arrange 'with no legal
Q26: A 'currency board' is:
A) currency sold on
Q28: A 'de jure' exchange rate regime is:
A)
Q29: The EMS was a system of:
A) fixed
Q30: Which of the following was NOT a
Q31: Between 1993 and 1999, the EMS, as
Q32: The EMU was a system of:
A) fixed
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