Under Flexible Exchange Rates, _______ Limit a Country's Ability to Execute

question 32

Multiple Choice

Under flexible exchange rates, _______ limit a country's ability to execute policies that deviate significantly from those of the rest of the world.

• A)capital flows
• B)exchange rate controls
• C)capital controls
• D)All of the above are correct.

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Definitions:

Specific Performance

A legal remedy requiring a party to perform their part of the contract rather than provide monetary compensation for failing to meet their obligations.

Resell

The act of selling something that one has previously purchased, either as a business practice or to transfer ownership.

In Transit

The status of goods or people being transported from one place to another; during the journey.

Carrier

A company or individual responsible for the transportation of goods or people.