Advocates of flexible exchange rates

Advocates of flexible exchange rates claim that under flexible exchange rates,

A.no country would be forced to import only inflation from

B.no country would be forced to import only deflation from

C.no country would be forced to import inflation and deflation from

D.flexible exchange rates are not able to halt importing inflation from

E.flexible exchange rates are not able to halt importing deflation from abroad.

Answer: C

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