Question
One of the advantages of a fixed exchange rate is that it increases government revenue through collections in the foreign exchange market. it encourages trade
One of the advantages of a fixed exchange rate is that
it increases government revenue through collections in the foreign exchange market.
it encourages trade by stabilizing relative prices
it encourages trade by lowering the price of exports.
it reduces the possibility of a financial crisis.
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Essentials Of Accounting
Authors: Robert N Anthony, Leslie K Breitner
10th Edition
136071821, 9780136071822
