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If the Domestic Currency Is Initially Undervalued,that Is Below Par,the

Question 34

Multiple Choice
If the domestic currency is initially undervalued,that is below par,the central bank must intervene to sell the ________ currency by purchasing ________ assets.

If the domestic currency is initially undervalued,that is below par,the central bank must intervene to sell the ________ currency by purchasing ________ assets.


A) domestic; foreign
B) domestic; domestic
C) foreign; foreign
D) foreign; domestic

Correct Answer:

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