Question 4 (1 point) A fixed exchange rate regime:: Select 4 correct answer(s) Leads to stability in international prices for the conduct of trade which lessens risk for businesses Requires the country to follow restrictive monetary and fiscal policies which can burden a country who whishes to alleviate continuing internal economic problems. necessitate that central banks maintain large quantities of international reserves (hard currencies and gold) for use in the occasional defense of the fixed rate As the structure of a nation's economy changes, and as its trade relationships and balances evolve, the exchange rate itself should change. Fixed exchange rates allow this to happen gradually and efficiently, Fixed rates, once in place, may be maintained at rates that are inconsistent with economic fundamentals