A "Dirty Float" Occurs When a Nation Used Central Bank

question 117

True/False

A "dirty float" occurs when a nation used central bank intervention in the foreign exchange market to promote a depreciation of its currency's exchange value,thus gaining a competitive advantage compared to its trading partners.

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Definitions:

Land

A natural resource representing the earth's surface, not manufactured or created by humans, and used for various purposes including agriculture, building, and development.

Machinery and Equipment

Long-term assets used in the operations of a business, not intended for sale.

Machinery and Equipment

Assets used in the production process of goods or services, including machines, tools, and technology.

Land Improvements

Land improvements encompass enhancements made to land such as landscaping, paving, and lighting, which increase the value and usability of the property but may depreciate over time.