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Which of the following is NOT a disadvantage of floating exchange rates?

baileymeredith

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3 years ago

Which of the following is NOT a disadvantage of floating exchange rates?

Which of the following is NOT a disadvantage of floating exchange rates?

▸ Exporting or importing is risky for companies.

▸ Speculation can be destabilising.

▸ Exchange rates may be unstable.

▸ Domestic policy is more constrained by the balance of payments.

Textbook

Essential Economics for Business

Essential Economics for Business

Edition: 5^th

Authors: Sloman, Jones

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brigettelearn

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baileymeredith Author

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3 years ago

Thanks

jcarter

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Just got PERFECT on my quiz

gmiannotti

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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