For the United States, its current exchange rate system is generally considered to be a
A) freely floating exchange rate system.
B) managed floating exchange rate system.
C) crawling pegged exchange rate system.
D) currency board system.

Question

Quizplus · Accepted Answer

The United States operates under a managed floating exchange rate system, where the value of the dollar is determined by the foreign exchange market, but the Federal Reserve and the Treasury may intervene to stabilize the currency when necessary.

For the United States, Its Current Exchange Rate System Is