A(n)______________ Should Aim at Maximizing the Benefits from Permanently Fixed

question 54

Multiple Choice

A(n) ______________ should aim at maximizing the benefits from permanently fixed exchange rates and minimizing the costs.

• A)optimum currency area
• B)adjustable peg system
• C)fixed exchange rate system
• D)flexible exchange rate system

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Definitions:

Categorical Syllogism

Logical reasoning that draws a conclusion from two other premises, involving a set of three categories or terms.

Affirmative Premise

A statement within a logical argument that positively asserts a relationship or condition, contributing towards the conclusion.

Proposition

A formulated idea or plan suggested for acceptance; a plan of action.

Standard Form

A recognized format for presenting information or arguments in a structured and consistent manner.