An Exchange Rate System in Which Governments and Central Banks

question 15

Multiple Choice

An exchange rate system in which governments and central banks do not participate in the
Currency market is a(n)

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

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Definitions:

American Society

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Vietnam War

A prolonged conflict from 1955 to 1975 between communist forces in North Vietnam and non-communist forces in South Vietnam, with significant involvement by the United States.

Soldiers

Members of an army, especially enlisted personnel who serve in land-based military operations.

Impact

The effect or influence of one entity on another, often used to describe the outcome or consequences of actions, policies, or events.