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  3. Study Set
    International Economics Study Set 9
  4. Exam
    Exam 20: Exchange Rate Crises: How Pegs Work and How They Break
  5. Question
    When the Backing Ratio Is Higher, the Peg Is
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When the Backing Ratio Is Higher, the Peg Is

Question 110

Question 110

Multiple Choice

When the backing ratio is higher, the peg is:


A) less stable.
B) higher.
C) safer.
D) less credible.

Correct Answer:

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