Under a currency board system, the central bank holds no domestic currency.
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Q46: A system of fixed exchange rates is
Q47: An inconvertible currency is one that cannot
Q48: Exchange control systems are common among developing
Q49: An inconvertible currency is one that cannot
Q50: One method of balancing the supply and
Q52: When a country has an inconvertible currency
Q53: One problem associated with exchange controls is
Q54: Governments using an exchange control system often
Q55: With exchange controls it is possible for
Q56: Exchange controls tend to create surpluses of
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