Which of the Following Statements Is incorrect according to the Sectoral

question 44

Multiple Choice

Which of the following statements is incorrect according to the sectoral model?

• A) Export-oriented producers prefer a fixed exchange rate.
• B) Import-competing producers prefer a floating exchange rate.
• C) Nontraded producers prefer a floating exchange rate.
• D) Financial services prefer a fixed exchange rate.
• E) Financial services prefer monetary-policy autonomy.

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Definitions:

Substantial Performance

A legal term indicating that enough of a contract has been fulfilled to warrant payment, even if minor details remain incomplete.

Contracted

Engaged or bound by an agreement or contract which specifies the terms and conditions of a relationship or transaction.

Flower Arrangements

The art of organizing and designing flowers and foliage into a pleasing and coherent display, often for decorative purposes.

Breach

The act of violating a law, duty, or agreement.