Critics of Flexible Exchange Rates Argue That Flexible Rates

question 99

Multiple Choice

Critics of flexible exchange rates argue that flexible rates:

• A)​reduce uncertainty in international trade.
• B)​automatically create an equilibrium price for each currency in the foreign exchange market.
• C)​make nations more constrained in carrying out internal macroeconomic policies.
• D)​increase uncertainty in international trade.

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Perfectionistic Type

An individual who strives for flawlessness, setting excessively high performance standards accompanied by overly critical self-evaluations and concerns regarding others' evaluations.

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