If an Economy Has a Trade Policy of a Fixed

question 110

Multiple Choice

If an economy has a trade policy of a fixed exchange rate, then its monetary and fiscal policies are:

• A)independent of the trade policy.
• B)independent of the trade regime.
• C)less restricted when dealing with domestic goals.
• D)more restricted when dealing with domestic goals.

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Definitions:

Rectus Femoris

A muscle in the quadriceps group that extends the leg at the knee and is involved in the flexion of the thigh at the hip.

Gastrocnemius

A large muscle in the back part of the lower leg, involved in walking, running, and jumping.

Gastrocnemius

A major calf muscle that flexes the leg at the knee and foot.

Soleus

A powerful muscle in the back part of the lower leg (calf) that is involved in standing and walking.