According to the "Trilemma" a Country Can Attain Only Two

question 45

Multiple Choice

According to the "Trilemma" a country can attain only two of the following three conditions: (1) A fixed exchange rate,(2) free international flows of capital,and (3) an independent monetary policy.This difficulty is also known as

• A)the incompatible trinity.
• B)the Trilemma.
• C)the Tobin tax.
• D)none of the options

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Definitions:

Long-Term Memory

The stage of memory involved in the storage and retrieval of information over an extended period.

Serial-Order Effect

A phenomenon observed in psychology where the order of information presentation affects memory and recall, with items presented early and late being remembered better than those in the middle.

List

A record of items, names, or tasks to be remembered, considered, or done, arranged in a systematic or sequential order.

Information Processing Model

A cognitive approach to understanding how the human mind transforms sensory information, involving stages such as encoding, storage, and retrieval of information.