What is a floating exchange rate?
A) A trading system in which governments do not limit how many goods can be sent between countries
B) A monetary system in which the exchange rates of currencies are set at a permanent price of gold
C) A monetary system in which the exchange rates of major currencies retain nearly the same value with respect to gold but are periodically adjusted during currency crises
D) A monetary system in which exchange rates are allowed to change according to their market prices
Correct Answer:
Verified
Q11: The gold standard is a monetary system
Q12: Why would a country change its interest
Q13: If a currency has increased in value
Q14: A currency that has depreciated is one
Q15: What is the exchange rate?
A)The amount of
Q17: Monetary policy is the government's ability to:
A)borrow
Q18: If the Argentine peso depreciates in relation
Q19: What domestic institution is usually responsible for
Q20: What is a fixed exchange rate?
A)A trading
Q21: Which country did President Trump,during his campaign,threaten
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