Multiple Choice
Under the current managed float exchange rate regime,countries with ________ in their balance of payments frequently do not want to see their currencies ________ because it makes their goods more expensive abroad and foreign goods cheaper in their countries.
A) surpluses;depreciate
B) deficits;depreciate
C) surpluses;appreciate
D) deficits;appreciate
Correct Answer:

Verified
Correct Answer:
Verified
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