Fixed Exchange Rates Are Often Maintained by Using All of the Following

question 204

Multiple Choice

Fixed exchange rates are often maintained by using all of the following tools except

• A)open speculation by individual traders in foreign currency markets.
• B)international monetary reserves held by central banks.
• C)controls on imports and exports, such as tariffs and quotas.
• D)domestic macroeconomic adjustments using monetary and fiscal policies.

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Definitions:

Compulsions

Actions or thoughts that an individual is compelled to perform repeatedly, in response to overwhelming obsessions or based on strict rules that must be adhered to.

Delusions

False beliefs held with strong conviction despite superior evidence to the contrary, often occurring in psychiatric conditions.

Hallucinations

Perception of something not present, such as hearing or seeing something that isn't there, often associated with psychiatric conditions or neurological disorders.

Obsessions

Persistent, unwanted thoughts, images, or urges that cause distress or anxiety.