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A fixed undervalued exchange rate regime is likely to result in: a. exchange rate uncertainty and national policy autonomy. b. balance of payment deficits. c.
A fixed undervalued exchange rate regime is likely to result in:
a. | exchange rate uncertainty and national policy autonomy. | |
b. | balance of payment deficits. | |
c. |
an increase in international currency and gold reserves.
| |
d. | a decrease in international currency and gold reserves.
|
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