Question

Multiple Choice ( Select 1 out of 4 options, for the question below)
A country with a pegged exchange rate is likely to be forced to devalue if
Options
c. It has no comparative advantage in trade
Speculators believe that it will devalue
Its rate of inflation is smaller than inflation in other countries
its central bank has contracted its money supply


What is the ans

Answer 1

Answer:

Its rate of inflation is smaller than inflation in other countries.

hope it's correct.....