Adopting a fixed exchange rate promotes trade if the regime is:
A) semi-floating.
B) indirectly pegged.
C) directly floating.
D) directly pegged.
Ans: D) directly pegged.
Economics
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When the Fed buys $100 million of securities from a commercial bank, the
A) monetary base increases. B) money supply decreases. C) bank's reserves decrease. D) required reserve ratio decreases. E) bank is risking its depositors' money.
Economics
Explain what inflation targeting is. What are the advantages and disadvantages of this type of monetary policy strategy?
What will be an ideal response?
Economics