A major problem with a fixed exchange rate system is that when countries run foreign trade deficits,______.

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问题 A major problem with a fixed exchange rate system is that when countries run foreign trade deficits,______.

选项 A、world inflation increases
B、currency values become unstable
C、the value of the reserve currency declines
D、there is no self-correcting mechanism

答案D

解析答案为D项。实行固定汇率制度(fixed exchange rate system)的一个主要问题是，一旦该国外贸逆差，将不存在任何自我调节机制(self-correcting mechanism)。故本题选D项。

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FECT综合（现代金融业务）

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