To avoid currency crisis in the face of fully integrated capital markets,a country can have a
A) floating exchange rate.
B) fixed exchange rate.
C) fixed exchange rate that adjusts.
D) floating and fixed exchange rates can both help to avoid currency crises.
Correct Answer:
Verified
Q80: The Exchange Rate Mechanism (ERM)is
A)the procedure by
Q81: The Asian Currency Crisis
A)happened just prior to
Q82: A central bank can fix an exchange
Q83: According to the "Trilemma" a country can
Q84: Generally speaking,a country would be more prone
Q86: Once capital markets are integrated,it is difficult
Q87: Prior to the peso crisis,Mexico depended on
Q88: Advantages of a flexible exchange rate include
Q89: Advantages of a fixed exchange rate include
A)reduction
Q90: Generally speaking,liberalization of financial markets when combined
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