A pegged exchange rate means that the value of a currency is:
A) fixed against other currencies based on an agreement.
B) not determined by free market forces.
C) fixed relative to a reference currency.
D) independent of the valuations of other currencies.
Correct Answer:
Verified
Q24: After World War II, the world's major
Q35: The international monetary system refers to the
Q47: Which of the following is a disadvantage
Q52: Which of the following statements is true
Q54: Which of the following is an advantage
Q55: The World Bank was established at the
Q56: A dirty float refers to a situation
Q58: The Asian economic crisis and the global
Q62: Which of the following is the reason
Q63: Which of the following statements is true
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