Question: Multiple choice question ( There is only one correct choice for each question) Q: Under which of the following circumstances should a country maintain a

Multiple choice question ( There is only one correct choice for each question)

Q: Under which of the following circumstances should a country maintain a high level of foreign exchange reserves?

A.foreign trade dependence is about 5%

B.a fixed exchange rate system

C.debt service ratio is close to 5%

D.having a central bank independent of the finance ministry

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