The ________ is an exchange rate system that is relatively free from central bank and other government interventions.

Question

Quizplus · Accepted Answer

Clean float refers to an exchange rate system where the value of a currency is determined solely by the market. This means that central banks and government interventions are minimized, resulting in a freer system. Managed float and target-zone arrangements involve some level of intervention, while a dirty float includes deliberate government intervention to manipulate the currency's value.

The ________ Is an Exchange Rate System That Is Relatively