The efforts of nations to influence exchange rates are known as

Question

Quizplus · Accepted Answer

The efforts of nations to influence exchange rates are known as foreign exchange market intervention. This involves buying or selling currencies in the foreign exchange market in order to affect the value of a country's currency relative to others. Open market operations refer to the buying and selling of government securities by a central bank, and are not directly related to exchange rates. Rate discrimination refers to different pricing strategies for different customers, and establishing terms of trade refers to negotiations between countries regarding the exchange of goods and services.

The Efforts of Nations to Influence Exchange Rates Are Known