A Small Economy Country Whose GDP Is Heavily Dependent on Trade

question 25

Multiple Choice

A small economy country whose GDP is heavily dependent on trade with the United States could use a (an) ________ exchange rate regime to minimize the risk to their economy that could arise due to unfavorable changes in the exchange rate.

• A)pegged exchange rate with the United States
• B)pegged exchange rate with the Euro
• C)independent floating
• D)managed float

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Definitions:

Inborn Predisposition

An innate tendency or propensity to exhibit certain behaviors, characteristics, or health conditions, often influenced by genetic factors.

Out-of-home Placement

A situation where children are placed in settings outside of their family home, such as foster care or residential programs, due to various reasons.

Foster Home

An out-of-home placement in which adults raise children who aren’t their own.

Group Home

A residential facility where unrelated individuals live together in a supervised setting, often those requiring particular care or assistance.