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:

Process Pairs

A paired approach to analyzing or understanding a process by comparing two elements or stages for better insight or efficiency.

color-sensitive cones

Cells in the eye's retina that enable the perception of color are known as photoreceptors.

Color-Deficient

A condition where an individual has a reduced ability to see color or differences in color.

Functioning Cones

Photoreceptor cells in the retina of the eye responsible for color vision and function best in relatively bright light.