A Fixed Exchange Rate Regime Imposes

question 99

Multiple Choice

a fixed exchange rate regime imposes

• A)social discipline on countries, thereby increasing the standard of living.
• B)economic discipline on countries, thereby increasing gross national product.
• C)political discipline on countries, thereby curtailing global opportunism.
• D)monetary discipline on countries, thereby curtailing price inflation.
• E)currency stability, thereby curtailing trade wars

---

Definitions:

Functional Explanation

An approach that explains social phenomena and structures by their functions and contributions to the continuation of a society or system.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Functional Explanation

An approach in social sciences that explains social institutions and structures by the role they play in maintaining the stability and functionality of a society.

Social Positions

The places or roles that individuals occupy within the social structure, which influence their behavior, perspectives, and interactions with others.