The current international monetary system consists of
A) capital mobility, domestic monetary autonomy, and floating exchange rates.
B) capital mobility, fixed exchange rates, and restricted trade.
C) domestic monetary autonomy, fixed exchange rates, and restricted currency flows.
D) domestic monetary autonomy, floating exchange rates, and limited capital flows.

Question

Quizplus · Accepted Answer

The current international monetary system is characterized by capital mobility, domestic monetary autonomy, and floating exchange rates, allowing countries to have independent monetary policies while capital can move freely across borders.

The Current International Monetary System Consists of