Solved

What Is Meant by a ?Xed Exchange Rate Regime

Question 19

Multiple Choice

What is meant by a ?xed exchange rate regime?


A) The government sets an exchange rate and then uses the central bank to maintain the value of the
Currency at that rate .
B) The exchange rate is set by the market forces of supply and demand.
C) The government claims that the exchange rate ?oats, but it is in fact managed by the central bank
D) The government uses the central bank to maintain the exchange rate within a wide band

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents