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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
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    An Exchange Rate Crisis Causes All of the Following, EXCEPT
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An Exchange Rate Crisis Causes All of the Following, EXCEPT

Question 99

Question 99

Multiple Choice

An exchange rate crisis causes all of the following, EXCEPT:


A) a large and sudden depreciation of the currency.
B) economic hardships.
C) political turmoil.
D) a sharp appreciation of the currency.

Correct Answer:

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