The following statements are true concerning fixed exchange rates except: MNC's do not need to...
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Finance
The following statements are true concerning fixed exchange rates except: MNC's do not need to measure and manage their exposure to exchange rates. Cause domestic economic problems to be transmitted to other countries. Promote general price stability. A fosed rate can be maintained only by the government actively balancing the supply and demand for the currency. Govemments can implement domestic economic policies without concerns on keeping exchange rates within limits

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