Use the Following to Answer Questions

question 135

Multiple Choice

Use the following to answer questions :
Scenario: Gizmovia
The Republic of Gizmovia wants to maintain the exchange rate of its currency, the gizmo, at $0.50, but the current exchange rate for the gizmo is $0.40.
-(Scenario: Gizmovia) Look at the scenario Gizmovia. If Gizmovia uses foreign exchange controls, it should require licenses to _____ gizmos and _____ dollars.

• A)buy; buy
• B)buy; sell
• C)sell; sell
• D)sell; buy

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