Going from a closed to an open economy ________ macroeconomic policymaking,especially now that exchange rates are ________.
A)complicates,flexible
B)complicates,fixed
C)simplifies,flexible
D)simplifies,fixed

Question

Quizplus · Accepted Answer

Going from a closed to an open economy complicates macroeconomic policymaking because there are more variables and factors to consider, such as international trade and capital flows. The flexibility of exchange rates also adds to the complexity as they can be volatile and affect the economy in unexpected ways.

Going from a Closed to an Open Economy ________ Macroeconomic