Under a Fixed Exchange Rate Regime,if a Country Has an ________

question 86

Multiple Choice

Under a fixed exchange rate regime,if a country has an ________ exchange rate,then its central bank's attempt to keep its currency from depreciating will result in a ________ of international reserves.

• A)undervalued;gain
• B)undervalued;loss
• C)overvalued;gain
• D)overvalued;loss

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Definitions:

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A type of online communication service that enables real-time text transmission over the internet.

Communicate

The act of sharing or exchanging information, thoughts, or messages through speech, writing, signals, or other methods.

CGI Script

A program designed to be run on a web server in order to produce dynamic web pages.

Applet

A small application located on a server; when requested, the applet is downloaded to the client.