6. One problem with floating exchange rates is that they a. do not take into account shifts...

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6. One problem with floating exchange rates is that they

a. do not take into account shifts in the demand for a nation’s currency.

b. do not take into account shifts in the supply of a nation’s currency.

c. add uncertainty to international trade.

d. decrease price variability in world markets.

e. eliminate the possibility of arbitrage in foreign exchange markets.

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Principles Of Microeconomics

ISBN: 9781913689681

7th Edition

Authors: Fred M. Gottheil

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Question Posted: Nov 08, 2024 02:01 AM

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6. One problem with floating exchange rates is that they a. do not take into account shifts...

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Principles Of Microeconomics

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