Economics 9708 · AS & A Level · 6.4

6.4 — practice question

A country chooses to enter a group of countries that keep fixed parities for their currencies and do not allow any restrictions on foreign trade or payments. What must the country give up in order to keep a fixed parity for its currency?

  • Aan independent anti-monopoly policy
  • Ban independent fiscal policy
  • Can independent interest rate policy
  • Dan independent prices and incomes policy

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