The Strongest Argument in Favor of Fixed Exchange-Rates Is

question 34

Multiple Choice

The strongest argument in favor of fixed exchange-rates is:

• A)the country's ability to use independent monetary policy to pursue internal balance.
• B)that floating exchange rates are often very volatile, disrupting international trade.
• C)the ease of defending fixed exchange rates during speculative attacks.
• D)that a fixed exchange rate allows unrestricted flow of financial capital from and into a country.

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Definitions:

BASC

Stands for Behavior Assessment System for Children, a comprehensive set of rating scales and forms used to assess the behavior and self-perceptions of children and young adults.

Stands For

A phrase used to indicate that an acronym or abbreviation represents a longer phrase or set of words.

Systematic Errors

Errors in measurement that are consistent and repeatable, often due to a flaw in the measurement system, which can lead to bias in the results.

Observations

The act of monitoring and recording behaviors, events, or changes in the environment with the aim of making a judgment or inference.