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    Introduction to International Economics
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    Exam 15: Flexible Versus Fixed Exchange Rates,european Monetary Systems,and Macroeconomic Policy Coordination
  5. Question
    What System Was Created to Avoid the Disadvantage of Relatively
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What System Was Created to Avoid the Disadvantage of Relatively

Question 14

Question 14

Multiple Choice

What system was created to avoid the disadvantage of relatively large changes in par values and possibly destabilizing speculation?


A) Currency board arrangements
B) Adjustable peg system
C) Crawling peg system
D) Managed floating exchange rate system

Correct Answer:

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