Under the Current Managed Float Exchange Rate Regime;countries with Surpluses

question 98

Multiple Choice

Under the current managed float exchange rate regime;countries with surpluses in their balance of payments frequently do not want to see their currencies appreciate because it makes their goods ________ expensive abroad and foreign goods ________ in their countries.

• A)more;cheaper
• B)more;costlier
• C)less;cheaper
• D)less;costlier

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Definitions:

Internal Improvement

Efforts or initiatives within an organization aimed at enhancing processes, practices, and performance from the inside, focusing on efficiency, productivity, and quality enhancement.

Knowledge Workers

Professional employees such as financial and marketing analysts, engineers, lawyers, and accountants, who are experts in a particular subject area and who create information and knowledge, which they integrate into the business.

BPI

Business Process Improvement is a methodical strategy that assists a company in enhancing its fundamental workflows to attain more effective outcomes.

Clerical Workers

Employees who perform administrative and office support tasks, such as typing, filing, answering phones, and data entry.