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

Verified
Correct Answer:
Verified
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