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Author Question: Under a fixed exchange-rate system, in order to maintain the exchange rate: a. governments must ... (Read 150 times)

pepyto

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on: Jun 30, 2018
Under a fixed exchange-rate system, in order to maintain the exchange rate:
 a. governments must adopt a laissez-faire economic policy.
  b. all trading partners must enjoy the same level of economic growth.
  c. currencies must be inconvertible.
  d. the imports of one country must equal the exports of its trading partner.
  e. governments must intervene in the foreign exchange market.

Question 2

The current exchange rate system is effectively a dirty float system.
 a. True
  b. False
  Indicate whether the statement is true or false


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Sassygurl126

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

True


pepyto

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

dreamfighter72

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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