All of the Following Are Advantages of Currency Pegging EXCEPT

question 77

Multiple Choice

All of the following are advantages of currency pegging EXCEPT

• A) it reduces exchange rate risk.
• B) it is a check against inflation.
• C) it provides protection for firms that have taken out loans in foreign currencies.
• D) it keeps the exchange rate closer to its equilibrium rate.

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Definitions:

Team Member

An individual who is part of a group working together towards a common goal.

Spokesperson's Behavior

The manner in which a designated representative communicates or behaves on behalf of an organization or group.

Ethical Pressures

Refers to the moral challenges and dilemmas that individuals or organizations face, which can impact decision-making and behavior.

Sports Agents

Professionals who represent athletes in negotiations and other business matters to maximize their clients' careers and financial success.