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The System of Adjustable Parities Allowed for the Devaluation of a Country's

Question 9

Multiple Choice

The system of adjustable parities allowed for the devaluation of a country's currency by more than _____ percent if the IMF agreed that a country's balance of payments was in "fundamental disequilibrium."


A) 2
B) 10
C) 5
D) 1

Correct Answer:

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