Which of the following is a characteristic of the floating exchange ra
QUESTION
Which of the following is a characteristic of the floating exchange rate regime?
A. It allows for automatic trade balance adjustments.
B. The use of monetary policy by the government is restricted.
C. It allows for greater monetary discipline.
D. It limits the destabilizing effects of exchange rate speculation.
E. It eliminates volatility and uncertainty associated with exchange rates.
ANSWER
A
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