A System in Which Exchange Rates Are Set by Government

question 44

Multiple Choice

A system in which exchange rates are set by government policy 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:

Non-verbal Meanings

Communication conveyed through means other than words, such as gestures, facial expressions, and body language.

Age

The length of time that a person or object has existed, often measured in years.

Height

The measurement of someone or something from base to top or from the ground to its highest point.

International Communicator

An individual skilled in effectively conveying messages and interacting with people across different cultures and languages.