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Author Question: Under a fixed exchange standard, if the domestic demand for foreign exchange increases, A) the ... (Read 97 times)

viki

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Under a fixed exchange standard, if the domestic demand for foreign exchange increases,
 
  A) the central monetary authority must meet the demand out of its reserves.
  B) the central monetary authority must increase the supply of domestic money.
  C) the fixed exchange standard will breakdown.
  D) inflation will increase.

Question 2

China's alternative to the IMF is called
 
  A) AIIB.
  B) ASEAN.
  C) MERCOSUR.
  D) TIIP.


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Pariscourtney

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