MCQOPTIONS
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MCQOPTIONS
| 1. |
Under adjustable pegged exchange rates, if the rate of inflation in the United States exceeds the rate of inflation of its trading partners ? |
| A. | U.S exports tend to rise, and imports tend to fall |
| B. | U.S imports tend to rise, and exports tend to fall |
| C. | U.S foreign exchange reserves tend to rise |
| D. | U.S foreign exchange reserves remain constant |
| Answer» C. U.S foreign exchange reserves tend to rise | |