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26. The interest rate of a country with a currency board: is less stable than it would be without a currency board. is typically below
26. The interest rate of a country with a currency board:
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- is less stable than it would be without a currency board.
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- is typically below the interest rate of the currency to which it is tied.
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- will move in tandem with the interest rate of the currency to which it is tied.
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- is completely independent of the interest rate of the currency to which it is tied.
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