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    International Economics Study Set 12
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    Exam 14: Exchange Rate Adjustments and the Balance of Payments
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    Small Nations, Such as Angola and Barbados, Peg Their Currencies
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Small Nations, Such as Angola and Barbados, Peg Their Currencies

Question 13

Question 13

True/False

Small nations, such as Angola and Barbados, peg their currencies to the U.S.dollar since the prices of many of their traded goods are determined in markets in which the dollar is the key currency.

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