One major advantage to a fixed exchange rate system is
A) that exchange rate volatility is eliminated.
B) that hedging strategies can be implemented.
C) that fixed exchange rate nations seldom have credit risk problems.
D) that systemic risk is eliminated.
A
Economics
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Suppose the price level is unchanged and real GDP decreases. Then
A) nominal GDP must decrease. B) nominal GDP must remain unchanged. C) nominal GDP must increase. D) none of the above are true.
Economics
Paying interest on internal government debt involves a:
A. redistribution of income among citizens of the country. B. net increase in domestic income. C. net reduction in domestic income. D. redistribution of income to citizens of other countries.
Economics