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

question 25

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, (3) An independent monetary policy. This difficulty is also known as

• A)the incompatible trinity.
• B)the Trilemma.
• C)the Tobin tax.
• D)all three can be had at the same time.

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Definitions:

Managerial Efforts

The actions or initiatives taken by managers to achieve organizational goals.

Leadership

The act of guiding, directing, and influencing others towards the achievement of goals.

Planning

The process of defining an organization’s goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Flexibility

The ability to adapt to new, different, or changing requirements and situations.