The ________ in the United States is best described as a managed float exchange rate system.

Question

Quizplus · Accepted Answer

The question is asking for the current exchange rate system in the United States, which is a managed float exchange rate system. A is incorrect as it refers to the earliest used exchange rate system, which is not relevant to the current system. C is incorrect as it asks about a system used before the Great Depression, which is also not relevant to the current system. D is incorrect as it asks about a system set up at the end of World War II, which is the Bretton Woods system, but this is not the current system in the United States.

The ________ in the United States Is Best Described as a Managed