Which of the Following Is an Argument in Favour of Fixed

question 5

Multiple Choice

Which of the following is an argument in favour of fixed exchange rates?

• A)They add a degree of certainty to international trade.
• B)They prevent instability in the export and import industries.
• C)They discourage currency speculation.
• D)They appeal to people who tend to equate the exchange rate with national prestige.
• E)They enhance the effectiveness of monetary policy.

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Definitions:

Party's Identity

Party's Identity refers to the distinguishing characteristics or personality of an individual, group, or political entity participating in a process or event.

Fundamental Value Differences

Core disagreements between individuals or groups regarding what is important in life.

Aggressive Member

An individual in a group or team who exhibits forceful or assertive behavior, often pushing strongly for their own ideas or preferences.

Causative Agent

A factor, such as a microorganism or chemical substance, that is responsible for causing a disease or condition.