Which of the Following Is Not a Major Disadvantages of a Flexible

question 228

Multiple Choice

Which of the following is not a major disadvantages of a flexible exchange-rate system?

• A)It is susceptible to wild swings in rates, causing high uncertainty and reduced trade.
• B)It could drain the foreign-exchange reserves of a nation.
• C)A depreciation of a nation's currency would worsen its terms of trade.
• D)Wild swings in exchange rates may destabilize the domestic economy through the effects on the traded-goods sectors.

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Definitions:

Genetic Polymorphism

The simultaneous occurrence of two or more discrete phenotypes within a population. In the simplest case, each phenotype results from a different allele or combination of alleles of a single gene. In more complex cases, the phenotypes result from complex interactions between many different genes and the environment.

Phenotypes

The set of visible or measurable traits of an organism that arise from the interaction of its genotype with the environment.

Population

A population consisting of members of the same species who live and reproduce within a specific region.

Protein Structure

The three-dimensional arrangement of atoms within a protein molecule, which determines the protein's functions based on its shape, including primary, secondary, tertiary, and quaternary structures.