Question: PART I: TRUE/FALSE/UNCERTAIN QUESTIONS: (60 marks) (4.63 marks each). Indicate whether the following statement is true, false or uncertain. You do not have to justify

PART I: TRUE/FALSE/UNCERTAIN QUESTIONS: (60 marks) (4.63 marks each). Indicate whether the following statement is true, false or uncertain. You do not have to justify your answer,

 PART I: TRUE/FALSE/UNCERTAIN QUESTIONS: (60 marks) (4.63 marks each). Indicate whether

10. Monetary adjustment is symmetric under the classical gold standard but asymmetric under the Bretton Woods system of fixed but adjustable exchange rates. 11. Speculation is the opposite of hedging

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