Which of the Following Results from a Flexible Exchange Rate

question 55

Multiple Choice

Which of the following results from a flexible exchange rate system?

• A)A country is more restricted in its own monetary policy.
• B)Inflation is more likely to be self-correcting as compared to a fixed exchange rate system.
• C)There is a greater risk in international trade because changes in the exchange rate can adversely affect profit.
• D)Unemployment is more likely to be self-correcting as compared to a fixed exchange rate system.

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Definitions:

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