Everything Else Being the Same,the Volume of Trade Is Likely

question 6

Multiple Choice

Everything else being the same,the volume of trade is likely to be:

• A)larger under a flexible than under a fixed exchange rate system
• B)larger under a fixed than under a flexible exchange rate system
• C)equal under a flexible and fixed exchange rate system
• D)any of the above

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Definitions:

Rheumatology

A branch of medicine focusing on the diagnosis and treatment of rheumatic diseases that affect the joints, muscles, and bones.

Endocrinology

The branch of medicine and biology dealing with the endocrine system, its diseases, and its specific secretions called hormones.

Cardiology

A branch of medicine dealing with disorders of the heart as well as parts of the circulatory system.

Oncologist

A specialist who identifies tumors and treats patients who have cancer.