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Chako Chako
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8 years ago
Maintaining a fixed exchange rate over the long run is today
A) more vulnerable to speculative attacks than in the past.
B) possible only in special cases such as maintaining strict capital controls.
C) aided by technology which allows instant movement of money between financial markets in different countries.
D) virtually impossible.
E) preferable.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
wrote...
#3
8 years ago
Happy to help you!
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