• 2022-05-30
    Which of the following statements is NOT accurate? ____.
    A: A fundamental disequilibrium can result in a one-way speculative
    gamble.
    B: An ongoing disequilibrium in the foreign exchange market can be
    sterilized by keeping official reserve holdings steady.
    C: Fundamental disequilibrium calls for a persistent series of official
    interventions.
    D: The value of the foreign currency declines if a country revalues its
    own currency.