Proponents of Fixed Exchange Rates, Who Argue That These Rates

question 164

Multiple Choice

Proponents of fixed exchange rates, who argue that these rates eliminate uncertainty and therefore promote international trade, sometimes fail to recognize:

• A) that fixed exchange rates may not remain fixed forever.
• B) that fixed exchange rates are more volatile than flexible exchange rates.
• C) that exchange rates do not matter to businesses, so the uncertainty has no impact.
• D) that international trade is bad for the economy and should not be promoted.

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Definitions:

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A flexible, doughnut-shaped device inserted into the vagina that releases hormones to prevent pregnancy.

Tubal Ligation

A surgical procedure for sterilization in which a woman's fallopian tubes are clamped and sealed or severed and sealed, blocking the path of egg cells to the uterus.

Homosexual

A term referring to a sexual orientation where individuals are attracted to others of the same sex.

Sexuality

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