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A currency board a. Does little to stabilize a currency's value. b. Is worth considering only if the government can convince investors that the exchange
A currency board
a. Does little to stabilize a currency's value.
b. Is worth considering only if the government can convince investors that the exchange rate will be maintained.
c. May reduce fears that the local currency will weaken even if the currency board is expected to remain in place for only a few weeks.
d. All of these choices are correct.
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