Advantages of a Fixed Exchange Rates Include

question 92

Multiple Choice

Advantages of a fixed exchange rates include

• A)reduction in exchange rate risk for businesses.
• B)reduction in transactions costs.
• C)reduction in trading frictions.
• D)all of the above

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Definitions:

Attitudes

An individual’s opinions and beliefs about people, objects, and ideas—how the person feels about the world.

Social Comparison

The process of evaluating oneself against the standards and abilities of others.

Net Income

Net Income is the total profit of a company after all expenses and taxes have been deducted from total revenue.

Dividends

Dividends refer to the distributions of a portion of a company's profits to its shareholders, made by the corporation.