Question: Symmetric shocks pose fewer problems for nations linked by fixed exchange rates to a base currency. In general Group of answer choices because there are
Symmetric shocks pose fewer problems for nations linked by fixed exchange rates to a base currency. In general
Group of answer choices
because there are common problems, the economic policy taken by the base currency nation is beneficial for both nations.
when there are symmetric shocks, the home nation unlinks its exchange rate from the base currency nation.
the base currency nation can just do nothing and the issue will resolve itself.
the nation maintaining the peg has more autonomy to deal with financial crises.
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