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Which of the Following Is True of International Currencies

Question 52

Multiple Choice

Which of the following is true of international currencies?


A) Exchange rate volatility index can be used to accurately predict the value of any currency.
B) The value of all currencies is set by the World Trade Organization.
C) All major currencies are floating freely relative to one another.
D) All currencies are fully backed by gold reserves.
E) The World Bank mandates a fixed exchange rate regime.

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