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Basic Question 7 of 15
A successful exchange rate policy imports the ______ of a foreign country.
B. inflation rate
C. unemployment rate
A. interest rate
B. inflation rate
C. unemployment rate
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe qualities of effective central banks; contrast their use of inflation, interest rate, and exchange rate targeting in expansionary or contractionary monetary policy; and describe the limitations of monetary policy
CFA® 2025 Level I Curriculum, Volume 1, Module 4.