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If a Country Tries to Maintain a Managed Floating Exchange

Question 68

Multiple Choice

If a country tries to maintain a managed floating exchange rate system it must be


A) willing to sell gold and hard currency to weaken its currency, if needed.
B) willing to print and sell its own currency to weaken it, if needed.
C) willing to print and sell its own currency to strengthen it, if needed.
D) a communist nation to accomplish it.

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