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:

Comprehensive Goals

Objectives that are broad and inclusive, encompassing a wide range of factors and aiming to achieve extensive outcomes.

Strong Motivator

A powerful influence or stimulus that encourages individuals to perform actions or achieve goals.

Smaller Steps

A strategy involving breaking down goals into manageable, smaller tasks to improve the likelihood of accomplishment.

Recognition Need

The human desire to be acknowledged and valued by others, particularly in the context of one's contributions or achievements.