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Multiple Choice ( Select 1 out of 4 options, for the question below) A country with a pegged exchange rate is likely to be forced to devalue if Options c. It has no comparative advantage in trade Speculators believe that it will devalue Its rate of inflation is smaller than inflation in other countries its central bank has contracted its money supply What is the ans |
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Answer» Its RATE of INFLATION is SMALLER than inflation in other countries.hope it's CORRECT..... |
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