History, 09.12.2020 14:00, betsylancer8071
In which situation is a country most likely to choose a flexible exchange rate for its currency?
A. A country wants to make sure that its currency is stable in all economic situations. B. A country expects its currency to be more valuable than other countries' currency.
C. A country does not want market trends to affect its trade with other countries.
D. A country worries that the value of its currency could rise and fall unpredictably.
Answers: 2
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One drawback of voluntary trade is that it a. requires two groups to use a common language b. can make one group dependent upon another for necessary goods c. doesn't occur unless there is a shortage of goods for at least one group d. forces groups to rely on themselves to produce all the goods they need
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In which situation is a country most likely to choose a flexible exchange rate for its currency?
A....
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