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Hong Kong Provides an Example of a Country That Has

Question 41

Multiple Choice

Hong Kong provides an example of a country that has maintained a currency board.The purpose of its currency board is to


A) maintain a system of freely floating exchange rates.
B) maintain an especially strong commitment to a fixed exchange rate.
C) to totally replace the currency of Hong Kong with the U.S. dollar.
D) to totally replace the currency of Hong Kong with the euro.

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