Which of the Following Points Would Not Be Used as an Argument

question 9

Multiple Choice

Which of the following points would not be used as an argument in support of the current international monetary system?

• A) It allows nations to pursue independent monetary policies.
• B) It results in stable exchange rates.
• C) It helps solve trade problems without trade restrictions.
• D) It is flexible and can easily adjust to shocks.
• E) All of the above could be used as arguments supporting the current system.

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Definitions:

Payment

The transfer of money or goods in exchange for a product or service.