Which of the Following Is True of a Country with a Managed

question 62

Multiple Choice

Which of the following is true of a country with a managed exchange rate system?

• A) The central bank of the country actively intervenes to influence the exchange rate.
• B) The central bank of the country always pursues a contractionary monetary policy.
• C) The current account balance of the country is always positive.
• D) The current account balance of the country is always negative.

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