If Two Countries Have a Fixed Exchange Rate, They Will

question 98

Multiple Choice

If two countries have a fixed exchange rate, they will both have

• A)lower inflation.
• B)interest rates that move in the same direction.
• C)more stable economies.
• D)fixed interest rates at differential levels.
• E)interest rates that move in the opposite direction.

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Definitions:

Premises

Statements or reasons offered in support of a conclusion in an argument, serving as the foundation for the logical structure.

Major Term

In a syllogism, the predicate of the conclusion that appears in one of the premises.

Conclusion

The final part of an argument, statement, or process that follows logically from the premises or conditions.

Major Premise

The first proposition in a syllogistic argument, which contains the major term (the predicate of the conclusion) and makes a general statement.