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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
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    An Exchange Rate Crisis Is When
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An Exchange Rate Crisis Is When

Question 117

Question 117

Multiple Choice

An exchange rate crisis is when:


A) the currency is stable.
B) the value of a currency declines dramatically.
C) the value of a currency increases dramatically.
D) a country fixes the price of its currency.

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