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Under the Current Managed Float Exchange Rate Regime;countries with Surpluses

Question 98

Multiple Choice

Under the current managed float exchange rate regime;countries with surpluses in their balance of payments frequently do not want to see their currencies appreciate because it makes their goods ________ expensive abroad and foreign goods ________ in their countries.


A) more;cheaper
B) more;costlier
C) less;cheaper
D) less;costlier

Correct Answer:

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