For Developing Countries,efforts to Prevent Speculation and Currency Crises Have

question 112

Multiple Choice

For developing countries,efforts to prevent speculation and currency crises have included

• A) controls on capital flows
• B) currency boards
• C) dollarization
• D) all of the above

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Definitions:

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth over time.

Interest Rate

The percentage of a loan that incurs interest for the borrower, usually shown as an annual rate based on the remaining loan balance.

Current Dollars

A term referring to the nominal value of money at the present time, without adjusting for inflation or deflation.

Payment Stream

A sequence of monetary payments that may be periodic or scheduled in some fashion, often related to finance or investing.