An Exchange Rate System in Which Prices of Various Currencies

question 89

Multiple Choice

An exchange rate system in which prices of various currencies are fixed relative to a given Jquantity of some commodity is called a

• A) managed float system.
• B) free-floating exchange rate system.
• C) commodity standard system.
• D) fixed exchange rate system.

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Definitions:

Pauses

Deliberate silence in speech or writing, used to emphasize, separate ideas, or create suspense.

Oral Report

A spoken presentation of information or findings to an audience or group.

Organizing Content

The process of structuring and arranging information in a logical and coherent manner for better understanding and navigation.

Verbal Cue

Signals or words used in communication that indicate the nature of the conversation or guide the listener's understanding.