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★ѕραndavir ★ѕραndavir
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7 years ago
In a fixed exchange rate system such as the Bretton Woods system, a country would be forced to "devalue" its currency if persistent balance of payments ________ cause it to ________ foreign exchange reserves.
A) deficits, amass dangerous amounts of
B) deficits, run dangerously short of
C) surpluses, amass dangerous amounts of
D) surpluses, run dangerously short of
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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