The key arguments for flexible exchange rates are:
A) Easier external adjustments and national policy autonomy
B) Easier internal adjustments and national policy autonomy
C) Easier external adjustments and easier international trade
D) Easier internal adjustments and easier international trade

Question

Quizplus · Accepted Answer

Flexible exchange rates make it easier for a country to adjust to changes in external economic conditions, such as fluctuations in exchange rates or changes in global demand for exports. This can help a country better maintain its competitiveness in the global market. In addition, flexible exchange rates can give a country more policy autonomy, allowing it to implement economic policies that are tailored to its specific needs and goals.

The Key Arguments for Flexible Exchange Rates Are