Countries that have flexible exchange rates are known to possess ...

[mia]

Countries that have flexible exchange rates are known to possess some certain economic characteristics. What are they?
 
  What will be an ideal response?

Question 2

A trend that has been reinforced by many developing countries is privatization. Privatization refers to
 
  A) purchasing large companies and turning them into state-owned enterprises.
  B) investing government money in large, privately-owned companies.
  C) exchanging bonds for shares in state-owned enterprises.
  D) selling large state-owned enterprises to private owners in the financial sector.
  E) selling large state-owned enterprises to private owners in key areas such as electricity, telecommunications, or petroleum.

[frejo]

Answer to Question 1

Large size, relatively closed, inflation rate that differs from trading partners, diversified trade.

Answer to Question 2

E

[mia]

YES! Correct, THANKS for helping me on my review

[nathang24]

TYSM