A fixed exchange rate, say, Mexican pesos per dollar, is determined by
A) U.S. consumers that buy Mexican exports
B) the U.S. government
C) U.S. businesses that export to Mexico
D) the foreign exchange market
E) the levels at which other exchange rates float
Correct Answer:
Verified
Q127: A rise in the price of a
Q128: The practice of buying a foreign currency
Q129: The main problem with a system of
Q130: If a government wishes to reduce uncertainty
Q131: If all the countries used one common
Q133: In order to maintain an effective fixed
Q134: All of the following are options a
Q135: A country that exhausts its foreign exchange
Q136: Import controls that can help a government
Q137: When the government is the sole depository
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