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Under a system of exchange rate pegged around official parties, each of the following is...

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Accounting

Under a system of exchange rate pegged around official parties, each of the following is a possible remedy for a country facing a balance of payments deficit except:

A using its international reserves of gold and convertible currencies

B adopting tariffs on imports and introducing capital controls

C applying expansionary macroeconomic policy that drives prices up and interest rate down

D letting its exchange rate drop within the allowable band around the central parity

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