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    Principles of Microeconomics
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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
  5. Question
    Import and Exchange Controls Are Designed to
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Import and Exchange Controls Are Designed to

Question 111

Question 111

Multiple Choice

Import and exchange controls are designed to


A) create a balance of payments
B) float the exchange rate
C) support a fixed rate of exchange
D) create larger foreign exchange reserves
E) steer floating exchange rates in the right direction

Correct Answer:

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