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Under a Fixed Exchange Rate Regime,a Country That Depletes Its

Question 3

Multiple Choice

Under a fixed exchange rate regime,a country that depletes its international reserves in an attempt to keep its currency from ________ will be forced to ________ its currency.


A) depreciating;revalue
B) depreciating;devalue
C) appreciating;revalue
D) appreciating;devalue

Correct Answer:

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