The Republic of Argus Has a Fixed Exchange Rate Regime

question 65

Multiple Choice

The Republic of Argus has a fixed exchange rate regime.What would be the result if the Republic of Argus rapidly increased its money supply by printing currency?

• A)It would lead to an increase in the worth of the currency.
• B)The prices of imports would become more attractive in the country.
• C)The country's goods would be highly competitive in world markets.
• D)Trade surplus in the country would increase.
• E)It would lead to price deflation in the country.

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Definitions:

Flextime

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