Under a ________ exchange rate regime, a country will attach the value of its currency to that of a major currency.
A) managed-float
B) pegged
C) free-float
D) currency board

Question

Quizplus · Accepted Answer

Under a pegged exchange rate regime, a country will attach the value of its currency to that of a major currency so that, for example, as the U.S. dollar rises in value, its own currency rises too.

Under a ________ Exchange Rate Regime, a Country Will Attach