The current international monetary system is best described as a:

Question

Quizplus · Accepted Answer

The current international monetary system is commonly referred to as a "dirty float" system, where exchange rates are floating but are heavily influenced by government interventions and market forces. This system allows for some flexibility in exchange rates, but also allows governments to manipulate their currencies to benefit their own economies. It is not a fixed exchange rate system since exchange rates are allowed to fluctuate, nor is it a gold standard as currencies are not pegged to gold. Finally, it is not a free float system since governments can and do intervene in currency markets.

The Current International Monetary System Is Best Described as A