Managed float means:
A) a fixed exchange rate system with regularly scheduled periodic devaluations.
B) a freely floating exchange rate system.
C) a combination of freely floating exchange rates with occasional intervention by central banks.
D) a fixed exchange rate system managed by the European Community.
E) a flexible exchange rate system managed entirely by the IMF.
Correct Answer:
Verified
Q18: The balance of payments always balances, because
Q110: The Bretton Woods system:
A)pegged exchange rates in
Q112: The International Monetary Fund was founded in
Q114: In 2014,the United States' balance of trade
Q116: In the United States,imports have exceeded exports
Q117: Which of the following best describes circumstances
Q118: In the United States,imports have exceeded exports
Q119: Which of the following contributed to the
Q120: The current international monetary system is a
Q190: The Bretton Woods system
A)established a worldwide gold
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents