The government of Chiresia, a country in South America, maintains a fixed exchange rate. This scenario is an example of _____.

Name: The government of Chiresia, a country in South America, maintains a fixed exchange rate. This scenario is an example of _____.
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Maintaining a fixed exchange rate is an example of currency control, as it involves the government intervening in the foreign exchange market to keep the currency's value at a set level against another currency or a basket of currencies.

The Government of Chiresia, a Country in South America, Maintains