Fixed exchange rates require governments to have

a. control over the cuntry's exports
b. anti-arbitrage investigators
c. large quantities of gold
d. trade surpluses
e. foreign exchange reserves

E

Economics

You might also like to view...

If the owner of a local movie theater wanted to increase the theater's total revenue from movie admissions, what should the owner do with ticket prices?

What will be an ideal response?

Economics

If country A produces S at a lower relative price than country B, A is said to have a comparative advantage in S

Indicate whether the statement is true or false

Economics