Borrowing from abroad represents

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Reference no: EM13985906

1. When the central banks of various countries intervene in the foreign exchange market to maintain an exchange rate, this type of exchange rate system is called a ________ exchange rate system.

a. fixed

b. flexible

c. all of the above

d. none of the above

2. Borrowing from abroad represents:

a. a capital outflow.

b. a capital inflow.

c. positive net savings.

d. none of the above.

Reference no: EM13985906

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