Multiple Choice
If Thailand fixes the foreign exchange value of its currency and follows a highly expansionary monetary policy,
A) Thailand will be unable to maintain both the fixed-exchange rate and the full convertibility of its currency
B) Thailand will experience rapid economic growth.
C) it will be easier for Thailand to engage in international trade.
D) Thailand will have relatively low rates of inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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