A System Where a Foreign Government Uses the U

question 162

Multiple Choice

A system where a foreign government uses the U.S.dollar as its currency is called:

• A) a dirty float.
• B) a floating exchange rate.
• C) a fixed exchange rate.
• D) dollarization.

---

Definitions:

Damages

Compensation awarded through legal means to a person who has suffered loss or harm due to the wrongful act of another.

Legal Rights

Entitlements or permissions granted to individuals by law, which can be defended or enforced in a court of law.

Titan Insurance

A company or brand name, potentially involved in providing insurance products and services, without specific detail, its exact nature or offerings are unclear without further context.

Drunk Driving

The act of operating a motor vehicle while impaired by alcohol or other drugs to a level that renders the driver incapable of driving safely.