Small nations whose trade and financial relationships are mainly with a single partner tend to utilize:

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Small nations whose trade and financial relationships are mainly with a single partner tend to utilize pegged exchange rates. This is because pegged exchange rates provide stability to their domestic currency and reduce volatility in international trading, particularly in situations where exposure to their primary trading partner is high. Pegged exchange rates can also assist in managing inflation and increasing investor confidence.

Small Nations Whose Trade and Financial Relationships Are Mainly with a Single