Which of the following exchange rate systems is best suited for a country with trade concentrated with one major country?
A) Fixed peg
B) Currency standard
C) Free floating
D) Managed floating
Correct Answer:
Verified
Q20: The Bretton Woods Agreement of 1944 established
Q21: The U.S.dollar is called a _ because
Q22: Countries use reserve currencies as an international
Q23: The gold standard eliminates the possibility of
Q24: The geographic area that would maximize economic
Q26: Countries with floating exchange rates tend to
Q27: Countries with a floating exchange rate tend
Q28: Perfect mobility of factors of production is
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