A fixed peg currency arrangement means that a. currency relationships are under the control of the central bank. b. allied nations' currencies will move in opposition, creating a balance. A purchase of foreign goods from the U.S. (requiring importing) will be recorded in the BOP as a. a liability in the foreign transfer account. b. no record, because the purchase is made in the U.S. c. an asset in the current account. d. a debit in the current account. c. the currency will move with its peg. d. monetary authorities will approve any movement, the peg is national.

A fixed peg currency arrangement means that a. currency relationships are under the control of the centralbank. b. allied nations' currencies will move in opposition, creating abalance. A...

A fixed peg currency arrangement means that

a.	currency relationships are under the control of the central bank.

b.	allied nations' currencies will move in opposition, creating a balance.

A purchase of foreign goods from the U.S. (requiring importing) will be recorded in the BOP as

a.	a liability in the foreign transfer account.

b.	no record, because the purchase is made in the U.S.

c.	an asset in the current account.

d.	a debit in the current account.

c.	the currency will move with its peg.

d.	monetary authorities will approve any movement, the peg is national.

May 17, 2022

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