The current monetary system for conducting international trade is usually described as a system of:

Question

Quizplus · Accepted Answer

The current monetary system for conducting international trade is a managed floating exchange rate system. This means that exchange rates are allowed to fluctuate according to market forces, but central banks and governments are also able to intervene to influence exchange rates when necessary. This allows for some flexibility and stability in exchange rates while still allowing for market-based adjustments.

The Current Monetary System for Conducting International Trade Is Usually