Adopting a pegged exchange rate regime increases the inflationary pressures in a country.
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Q1: The gold standard called for fixed exchange
Q2: Gold was declared as the formal reserve
Q3: Moral hazard arises when people behave recklessly
Q4: The current system of foreign exchange is
Q5: The IMF does not expect governments to
Q7: Interest rates adjust automatically under a strict
Q8: The agreement reached at Bretton Woods established
Q9: An effective business strategy to reduce economic
Q10: Fixed exchange rates lead to speculation and
Q11: World Bank offers low-interest loans to risky
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