Which of the following statements is NOT accurate? ____. A: A fundamental disequilibrium can result in a one-way speculative<br/>gamble. B: An ongoing disequilibrium in the foreign exchange market can be<br/>sterilized by keeping official reserve holdings steady. C: Fundamental disequilibrium calls for a persistent series of official<br/>interventions. D: The value of the foreign currency declines if a country revalues its<br/>own currency.
Which of the following statements is NOT accurate? ____. A: A fundamental disequilibrium can result in a one-way speculative<br/>gamble. B: An ongoing disequilibrium in the foreign exchange market can be<br/>sterilized by keeping official reserve holdings steady. C: Fundamental disequilibrium calls for a persistent series of official<br/>interventions. D: The value of the foreign currency declines if a country revalues its<br/>own currency.
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