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Illiquid Currencies Tend to Exhibit ____ Volatile Exchange Rate Movements

Question 68

Multiple Choice

Illiquid currencies tend to exhibit ____ volatile exchange rate movements, as the equilibrium prices of their currencies adjust to ____ changes in supply and demand conditions.


A) less; even minor
B) less; only large
C) more; even minor
D) more; only large
E) None of these are correct.

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