A middle-ground exchange rate regime, between fixed and floating, is NOT called:
A) a managed float.
B) a dirty float.
C) limited flexibility.
D) a free float.

Question

Quizplus · Accepted Answer

The middle-ground exchange rate regime between fixed and floating is called a managed float, a dirty float, or limited flexibility. A free float, on the other hand, is a fully flexible exchange rate regime with no government intervention. Therefore, D is the incorrect option.

A Middle-Ground Exchange Rate Regime, Between Fixed and Floating, Is