Prior to the argentine peso crisis a argentina had a

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91) Prior to the Argentine Peso Crisis A) Argentina had a "dirty float" where the government allowed the exchange rate to float within wide bands. B) Argentina had a currency board arrangement with the peso pegged to the U.S. dollar at parity. C) the Argentine government defaulted on its international debts. D) weakening of the U.S. dollar led the Argentine government to abandon dollarization. Answer: D Topic: The Argentine Peso Crisis
Accessibility: Keyboard Navigation 92) A "good" (or ideal) international monetary system should provide C Topic: Fixed versus Flexible Exchange Rate Regimes
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93) A central bank can fix an exchange rate B Topic: Fixed versus Flexible Exchange Rate Regimes
Accessibility: Keyboard Navigation 94) A booming economy with a fixed or stable nominal exchange rate A Topic: Fixed versus Flexible Exchange Rate Regimes
Accessibility: Keyboard Navigation 95) Advantages of a flexible exchange rate include which of the following? A) National policy autonomy. B) Easier external adjustments. C) The government can use monetary and fiscal policies to pursue whatever economic goals it chooses. D) all of the options Answer: D
Topic: Fixed versus Flexible Exchange Rate Regimes Accessibility: Keyboard Navigation 96) Advantages of a fixed exchange rate include D
Topic: Fixed versus Flexible Exchange Rate Regimes Accessibility: Keyboard Navigation
97) Generally speaking, a country would be more prone to asymmetric shocks B Topic: Fixed versus Flexible Exchange Rate Regimes
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