One Advantage of Adopting a Fixed Exchange Rate Is That

question 145

Multiple Choice

One advantage of adopting a fixed exchange rate is that:

• A)it makes business planning easier.
• B)interest cost fluctuations on foreign loans can be avoided.
• C)inflation can be avoided.
• D)the country can avoid current account surpluses.

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Definitions:

Receives A Gift

involves obtaining something as a gift, where the recipient does not pay or provide anything in exchange.

Notifying The Principal

The act of informing the principal party or stakeholder about significant or relevant information, especially in legal, educational, or contractual contexts.

Insolvent Customer

A customer who cannot meet their financial obligations or pay for goods or services due to lack of financial resources.

Duty To Communicate

An obligation to provide relevant information in a timely and clear manner, especially in agreements or relationships requiring trust.