________ exchange rates were declared as acceptable in the Jamaica agreement of the International Monetary Fund.
A) Pegged
B) Fixed
C) Floating
D) Gold standard

Question

Quizplus · Accepted Answer

Floating rates were declared acceptable in the Jamaica agreement. IMF members were also permitted to enter the foreign exchange market to even out "unwarranted" speculative fluctuations.

________ Exchange Rates Were Declared as Acceptable in the Jamaica