Question: if a country has a fixed exchange rate it: has a value that is set by the government. allows for more predictability and stability. helps
if a country has a fixed exchange rate it:
has a value that is set by the government.
allows for more predictability and stability.
helps attract foreign investment and gives businesses that depend on overseas trade more confidence to invest.
All of the above
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
