When the value of a currency is determined ________,the exchange rate system is defined as a managed float.
A) only by supply and demand
B) by the country's government
C) mostly by supply and demand, but with occasional government intervention
D) by the country's government, with occasional readjustments in value
Correct Answer:
Verified
Q3: Under the gold standard, a chance discovery
Q11: A 'floating exchange rate system' is one
Q12: By the early 20th century, the majority
Q18: When countries agree to keep the exchange
Q26: Under the 'Bretton Woods System':
A)the United States
Q39: Countries abandoned the 'gold standard' during periods
Q117: Australia currently uses which of the following
Q118: A floating exchange rate system is one
Q120: The Bretton Woods System was a
A) system
Q247: What determined the exchange rates among currencies
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