Supporters of floating exchange rate? A-argue that floating rates help adjust trade imbalances B- argue that floating
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Question:
Supporters of floating exchange rate?
A-argue that floating rates help adjust trade imbalances
B- argue that floating rates lead to a more stable world monetary system
C-claim that trade deficits are determined by a balance between savings and investment in a country
D-claim that trade deficits are not determined by the external value of the currency
Expert Answer:
Aargue that floating rates help adjust trade imbalances In a trade defict the supply of foreign curr... View the full answer
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