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Author Question: What is one of the major drawbacks of a fixed exchange rate? a. Countries that have chronic ... (Read 26 times)

vicky

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on: Sep 4, 2018
What is one of the major drawbacks of a fixed exchange rate?
 
  a. Countries that have chronic balance of trade deficits run out of foreign
  currency.
  b. It discourages investment between countries.
  c. It encourages speculation in currencies.
  d. none of the above

Question 2

The Peace of Westphalia, instead of moderating the severity and intensity of wars in Europe, caused them to be larger and more destructive.
 
  Indicate whether this statement is true or false


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deja

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Reply #1 on: Sep 4, 2018
Answer to Question 1

a

Answer to Question 2

Answer: False


vicky

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Reply 2 on: Sep 4, 2018
Great answer, keep it coming :)

vickyvicksss

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  • Posts: 351
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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