Currencies of many _____________________ are pegged (or fixed) to one of the major currencies or to a basket of major currencies such as the U.S.dollar, SDRs, or some specially chosen currency mix.
A) regional countries
B) developed countries
C) emerging markets
D) developing countries
E) none of the above
Correct Answer:
Verified
Q34: Protecting oneself against potential loss is called:
A)hedging.
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