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valputin valputin
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Posts: 5754
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8 years ago
Under a fixed exchange rate regime, if a country's central bank runs out of international reserves, it cannot keep its currency from
A) inflating.
B) appreciating.
C) depreciating.
D) deflating.
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:
Read 194 times
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Our course uses > The Economics of Money, Banking and Financial Markets

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wrote...
8 years ago
C
valputin Author
wrote...
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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