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    Economics for Business
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    Exam 27: The Balance of Payments and Exchange Rates
  5. Question
    When, Under a Pegged Exchange Rate System, the Government or Central
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When, Under a Pegged Exchange Rate System, the Government or Central

Question 57

Question 57

Multiple Choice

When, under a pegged exchange rate system, the government or central bank raises the exchange rate, this is called


A) revaluation.
B) renegotiation.
C) reflation.
D) appreciation.

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