Economics 9708 · AS & A Level · 6.4

6.4 — practice question

State one disadvantage of operating a floating exchange rate system?

  • AIt makes it difficult to prioritise domestic economic policy aims.
  • BIt makes the prices of internationally traded goods less predictable.
  • CIt means that the government must keep significant foreign currency reserves.
  • DIt requires continuous government intervention in currency markets.

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