Examlex
With a fixed exchange rate system and high capital mobility, internal balance is most effectively achieved by using
Cannibals
Individuals or animals that eat the flesh of their own species, a practice observed in some cultures and species for various reasons, including ritual, warfare, or survival.
Columbian Exchange
The widespread transfer of plants, animals, culture, human populations, technology, diseases, and ideas between the Americas and the Old World following Columbus's voyages.
Negative Consequences
Unfavorable, harmful, or detrimental outcomes resulting from an action or decision.
Slave Trade
The historical trade of enslaved people, primarily from Africa to the Americas, conducted from the 16th to the 19th centuries, which had profound economic, social, and demographic impacts.
Q8: Assume a system of floating exchange rates
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