Which of the following is an example of a regional currency arrangement?
A) most-favored nation status
B) free-trade zones
C) exchange rate union
D) currency cartel associations
E) agreement on commercial trade

Question

Quizplus · Accepted Answer

Exchange rate union is a regional currency arrangement where countries agree to fix their exchange rates to a common currency or a basket of currencies. An example is the Eurozone, where countries have adopted the Euro as their common currency.

Which of the Following Is an Example of a Regional