Examlex
Which of the following is NOT a characteristic of an effective buffer?
Balance of Payments
is a record of all financial transactions made between consumers, businesses, and the government in one country with those in other countries over a specific period.
Government Securities
Government securities are investment products issued by the government to finance its expenditures, offering a return to the investors.
Devaluation
The reduction of the value of a country's currency relative to other currencies, often by the government's decision, affecting international trade and economic balance.
Currency's Value
The worth of a country's currency in terms of the amount of goods or services that one unit of the currency can buy.
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