Advocates of Flexible Exchange Rates Claim That Under Flexible Exchange

question 118

Multiple Choice

Advocates of flexible exchange rates claim that under flexible exchange rates

• A) the United States would no longer have the same opportunity as other countries to influence its exchange rate against foreign currencies.
• B) the United States would have the same opportunity as other countries to influence its exchange rate against foreign currencies.
• C) the United Kingdom would not have the same opportunity as other countries to influence its exchange rate against foreign currencies.
• D) Germany would not have the same opportunity as other countries to influence its exchange rate against foreign currencies.
• E) China would have the same opportunity as other countries to influence its exchange rate against foreign currencies.

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