Question
Multiple choice question ( There is only one correct choice for each question) Q: Under which of the following circumstances should a country maintain a
Multiple choice question ( There is only one correct choice for each question)
Q: Under which of the following circumstances should a country maintain a high level of foreign exchange reserves?
A.foreign trade dependence is about 5%
B.a fixed exchange rate system
C.debt service ratio is close to 5%
D.having a central bank independent of the finance ministry
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
