In Which Currency System Is the Exchange Rate Determined Only

question 80

Multiple Choice

In which currency system is the exchange rate determined only by supply and demand in the currency market?

• A) floating exchange rate
• B) pegged exchange rate
• C) dollarization
• D) managed float

---

Definitions:

Anabolism

The constructive part of metabolism concerned with the building up of complex molecules from simpler ones.

Catabolism

The breakdown of complex molecules within an organism to form simpler ones, together with the release of energy; destructive metabolism.

Gastroenterology

A branch of medicine focused on the digestive system and its disorders.

Enterology

The branch of medicine focused on the study and treatment of diseases related to the gastrointestinal tract.