Which of the following factors make it difficult for emerging market economies to choose a specific currency regime?
A) weak fiscal, financial, and monetary institutions
B) the tendency for commerce to allow currency substitution and the denomination of liabilities in dollars
C) the emerging market's vulnerability to sudden stoppages of outside capital flows
D) all of the above
Answer: D
Business
You might also like to view...
Sniffers enable hackers to steal proprietary information from anywhere on a network, including e-mail messages, company files, and confidential reports
Indicate whether the statement is true or false
Business
According to experts, most people are hired for their qualifications and fired for their ________
A) physical limitations B) lack of aptitude C) nonperformance D) inadequate cognitive skills
Business