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valputin valputin
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8 years ago
Under the current managed float exchange rate regime, countries with balance of payments ________ frequently do not want to see their currencies ________ because it makes foreign goods more expensive for domestic consumers and can stimulate inflation.
A) surpluses; depreciate
B) deficits; depreciate
C) deficits; appreciate
D) surpluses; appreciate
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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8 years ago
B) deficits; depreciate
valputin Author
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#3
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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#4
8 years ago
You're very welcome, valputin
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