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    International Economics Study Set 9
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    Exam 20: Exchange Rate Crises: How Pegs Work and How They Break
  5. Question
    The Sudden Collapse of a Fixed Exchange Rate System Is
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The Sudden Collapse of a Fixed Exchange Rate System Is

Question 78

Question 78

Multiple Choice

The sudden collapse of a fixed exchange rate system is known as:


A) an exchange rate crisis.
B) deflation.
C) an implosion.
D) a financial cave-in.

Correct Answer:

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