The currency of country X is pegged to the currency of country Y. Assu – McqOptions

MCQOPTIONS

1.	The currency of country X is pegged to the currency of country Y. Assume that county Y's currency depreciates against the currency of country Z. It is likely that country X will export _______ to country Z and import _______ from country Z.
A.	more; more
B.	more; less
C.	less; less
D.	less; more
Answer» D. less; more

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