A Small Economy Country Whose GDP Is Heavily Dependent on Trade

question 25

Multiple Choice

A small economy country whose GDP is heavily dependent on trade with the United States could use a (an) ________ exchange rate regime to minimize the risk to their economy that could arise due to unfavorable changes in the exchange rate.

• A)pegged exchange rate with the United States
• B)pegged exchange rate with the Euro
• C)independent floating
• D)managed float

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Definitions:

Formative Evaluations

Assessments conducted during the development or improvement of a program or product to help make it more effective.

Summative Evaluations

The assessment of the learning that confirms what has been learned at the conclusion of a specific educational period.

Program Evaluation

The systematic method for collecting, analyzing, and using information to answer questions about projects, policies, and programs, particularly about their effectiveness and efficiency.

Types

Various kinds, sorts, or forms that distinguish one set of things or behaviors from another.