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tudanglong tudanglong
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A year ago
Which of the following is TRUE of a country with a managed exchange rate system?

▸ The central bank of the country always pursues a contractionary monetary policy.

▸ The central bank of the country actively intervenes to influence the exchange rate.

▸ The current account balance of the country is always negative.

▸ The current account balance of the country is always positive.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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uhpikapp64uhpikapp64
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A year ago
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