Exiting from a peg is relatively ____ compared with exiting from a common currency, which would be ____.

Question

Quizplus · Accepted Answer

Exiting from a peg would only require the country to change its exchange rate regime, which may involve some costs, but is generally easier than exiting from a common currency, which would require a complete overhaul of the country's monetary system and could have severe economic and political consequences.

Exiting from a Peg Is Relatively ____ Compared with Exiting