Under Managed Floating Exchange Rates, Central Bank Intervention Is Used

question 148

True/False

Under managed floating exchange rates, central bank intervention is used to offset temporary fluctuations in exchange rates that contribute to uncertainty in carrying out transactions in international trade and finance.

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Definitions:

Olecranon Process

Process on the distal end of the ulna, forming the point of the elbow.

Elbow

The joint connecting the forearm to the upper arm, allowing for the flexion and extension of the forearm.

Olecranon Fossa

A large, shallow depression on the posterior side of the humerus, accommodating the olecranon of the ulna during arm extension.

Lateral Bone

is not a recognized specific anatomical term for a single bone; the term may refer to any bone located on the side part of a body or limb. NO.