Question
1) China today is a clear example of a nation that has chosen the following policies EXCEPT: control and manage the value of its currency
1) China today is a clear example of a nation that has chosen the following policies EXCEPT:
control and manage the value of its currency | ||
conduct an independent monetary policy | ||
full financial integration in an attempt to stimulate its domestic economy | ||
restrict the flow of capital into and out of the country |
2) The following are examples of degrees of internationalization of an international currency EXCEPT:
First degree of internationalization is when an international currency becomes readily accessible for trade. | ||
A second degree of internationalization is when an international currency is used for international investment. | ||
A third degree of internationalization is when an international currency is used for international investment. | ||
A third degree of internationalization is when an international currency takes the role of a reserve currency. |
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