An Exchange Rate Crisis Is Caused by

question 44

Multiple Choice

An exchange rate crisis is caused by

• A)a sudden and an unexpected collapse in the value of a nation's currency.
• B)the inability of the IMF to predict the immediate collapse of the currency of a country.
• C)the adoption of a flexible exchange rate system by a country or group of countries.
• D)the adoption of a fixed exchange rate system by a country or group of countries.

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