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If a Country's Central Bank Eventually Runs Out of International

Question 58

Multiple Choice

If a country's central bank eventually runs out of international reserves,it cannot keep its currency from ________ and a ________ must occur in which the par exchange value is reset at a ________ level.


A) appreciating; revaluation; higher
B) depreciating; revaluation; higher
C) depreciating; devaluation; lower
D) appreciating; devaluation; lower

Correct Answer:

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