If the center nation operates under a cooperative peg agreement, how does the cooperation work?
A) The home nation will try to resist any changes coming from the center.
B) The home nation will accept all changes coming from the center without discussion.
C) The center nation will make policy concessions to other nations in its cooperative currency agreement.
D) Cooperation usually does not work well.
Answer: C) The center nation will make policy concessions to other nations in its cooperative currency agreement.
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