Some emerging market national governments accumulate _____ for them to serve as a buffer for output shocks.

Question

Quizplus · Accepted Answer

Accumulating foreign currency reserves is a common strategy for emerging market national governments to serve as a buffer for output shocks. This allows them to maintain access to foreign currency to continue importing necessary goods and services even if their own currency decreases in value.

Some Emerging Market National Governments Accumulate _____ for Them to Serve