Which of the following is not a reason for devaluation of a currency?
A) high inflation.
B) to reduce balance-of-trade deficit.
C) to decrease the amount of imports.
D) high unemployment.
Correct Answer:
Verified
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Q96: To weaken the dollar using sterilized intervention,
Q97: Assuming no credit risk, the interest rates
Q99: If the Fed _ the interest rates
Q100: Currency devaluations have the potential to reduce
Q101: While a strong currency is a possible
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Q103: An advantage of a fixed exchange rate
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