A Developing Country Might Want to Commit Itself to Converting

question 93

Multiple Choice

A developing country might want to commit itself to converting its domestic currency on demand into another currency at a fixed exchange rate. To do this, it should implement a(n)

• A) free-float exchange rate system.
• B) clean-float exchange rate system.
• C) pure-float exchange rate system.
• D) currency board.
• E) gold standard.

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Diaphoretic

pertaining to or causing sweating.

Skin Integrity

The state of skin being whole, undamaged, and intact, which is essential in protecting the body from infection and maintaining overall health.

Driver's License

An official document permitting a specific individual to operate one or more types of motorized vehicles, such as a motorcycle, car, truck, or bus on a public road.

Glasses

Corrective lenses mounted in frames that rest on the face, used to improve vision.