Which Is Not a Serious Disadvantage Associated with Freely Fluctuating

question 134

Multiple Choice

Which is not a serious disadvantage associated with freely fluctuating exchange rates?

• A)uncertainty which tends to diminish trade
• B)greater instability in unemployment levels
• C)longer lags in eliminating balance of payments surpluses or deficits
• D)swings in the terms of trade related to currency appreciation or depreciation

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Definitions:

Existential Generalization

A logical operation that infers the existence of at least one object in a domain that satisfies a given proposition.

Existential Instantiation

A logical rule that deduces the existence of at least one instance of a predicate from a general statement.

Symbolize

The act of representing objects, actions, or ideas through symbols or a system of notation.

Loves

An intense feeling of deep affection towards a person, place, thing, or concept.