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    Exam 27: The Balance of Payments and Exchange Rates
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    An Exchange Rate Regime Where Rates Are Fixed but Are
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An Exchange Rate Regime Where Rates Are Fixed but Are

Question 104

Question 104

Multiple Choice

An exchange rate regime where rates are fixed but are changed if deficits or surpluses persist is usually called


A) adjustable peg.
B) fixed exchange rate.
C) revaluation system.
D) joint float.

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