Which of the following is not true about currencies and/or prices in global trade?
A) Floating currency is a currency not associated to the U.S. dollar
B) The stability of a floating currency is more questionable than pegged currencies
C) A currency may be pegged and floating simultaneously in some countries
D) Pegged currency is a currency associated to the U.S. dollar
E) A pegged currency is more stable than floating or unpegged currency
Correct Answer:
Verified
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