Which one of the following refers to an exchange rate system under which a country's exchange rate is allowed to fluctuate against other currencies within a target zone?
A)Free float
B)Fixed peg
C)Adjustable peg
D)Pure float
E)Capital float

Question

Quizplus · Accepted Answer

Governments around the world pursue a number of different exchange rate policies. Some countries have adopted a system under which their exchange rate is allowed to fluctuate against other currencies within a target zone (an adjustable peg system).

Which One of the Following Refers to an Exchange Rate