Since 2009 the IMF's Exchange Rate Regime Classification System Uses

question 26

Multiple Choice

Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, currencies that are predominantly market-driven are considered to be:

• A) soft pegs.
• B) hard pegs.
• C) floating arrangements.
• D) a residual agreement.

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Definitions:

Verbs

Words that describe actions, states, or occurrences and form the main part of the predicate of a sentence.

Prototype Theory

A theory in cognitive science that suggests concepts or category judgments are made by comparing new stimuli to the "best example" or prototype of that category.

Family Resemblance

The physical or behavioral similarities observed among members of the same family, attributing to shared genetics and environment.

Semantic Features

The components of meaning that come together to define a particular word within linguistic semantics.