Which of the Following Is Not a Serious Disadvantage Associated

question 4

Multiple Choice

Which of the following is not a serious disadvantage associated with flexible exchange rates?

• A)uncertainty which tends to diminish trade
• B)worsening terms of trade if there is a sizeable depreciation of a country's currency
• C)longer lags in eliminating balance of payments surpluses or deficits
• D)greater challenges in managing and designing domestic macroeconomic policies.

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Definitions:

Organizational Politics

The use of power and social networking within a workplace to achieve changes that benefit the individual or group.

Power Bases

The various sources of influence and authority an individual or organization possesses, which can affect others' behaviors and perceptions.

Powerlessness

A condition or feeling of lacking the ability, strength, or authority to act or influence events or people.

Promissory Note

A legally binding written agreement in which one party promises to pay a specified sum of money to another.