Question: Question 19 (Mandatory) (3 points) Currency board exists when a country's central bank commits to back its money supply entirely with foreign reserves at all

Question 19 (Mandatory) (3 points) Currency board exists when a country's central bank commits to back its money supply entirely with foreign reserves at all times. True False Question 20 (Mandatory) (3 points) By and large, high capital mobility is forcing emerging market nations to choose between the two extremes of a free floating exchange rate or a hard peg regime. True False

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