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A disadvantage of a fixed exchange rate system is: A) Importers are insulated from the risk that the currency will appreciate over time. B) Management
A disadvantage of a fixed exchange rate system is:
A) | Importers are insulated from the risk that the currency will appreciate over time. | |
B) | Management of an MNC is less difficult. | |
C) | The government might change the value of the currency. | |
D) | Exporters are insulated from the risk that the currency will depreciate over time. |
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