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Under a fixed exchange rate system, the central bank of a country that experiences a temporary current account deficit will most likely Odevalue the currency
Under a fixed exchange rate system, the central bank of a country that experiences a temporary current account deficit will most likely
Odevalue the currency
Opermit depreciation of the currency
Osell foreign currency to keep the exchange rate from depreciating
buy foreign currency to influence exchange rates
conduct open market purchases
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