A Country Can Adopt a Fixed Exchange Rate System Through

question 121

Multiple Choice

A country can adopt a fixed exchange rate system through

• A) a freely functioning foreign exchange market.
• B) removing the asset backing of currency.
• C) a currency union.
• D) Each of these answers is correct.

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Definitions:

Operational Support Systems

Information systems designed to produce a variety of information on an organization’s activities for both internal and external users.

Transaction Processing Systems

Operational support system to record and process data from business transactions.

Data

Raw facts and figures that may or may not be relevant to a business decision.

Cloud Computing

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