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Why do small countries that trade a lot generally prefer to fix their exchange rates? Group of answer choices Small countries do not have enough
Why do small countries that trade a lot generally prefer to fix their exchange rates? Group of answer choices Small countries do not have enough market size to adequately control their own flexible exchange rates when trade flows change. Small countries are unable to resist pressure from the United States to fix their currency to the dollar. Fixed exchange rates provide more price stability and reduce risks for exports. Fixed exchange rates limit the inflation small countries are prone to
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