All of the Following Exchange-Rate Systems Require International Reserves to Finance

question 61

Multiple Choice

All of the following exchange-rate systems require international reserves to finance balance-of-payments disequilibriums except:

• A) Pegged or fixed exchange rates
• B) Managed floating exchange rates
• C) Adjustable pegged exchange rates
• D) Freely floating exchange rates

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Definitions:

Retroviruses

A class of viruses that use reverse transcriptase to convert their RNA genome into DNA, integrating it into the host cell’s DNA for replication.

RNA Viruses

Viruses that have RNA as their genetic material and often show high mutation rates, influencing the dynamics of infectious diseases.

Temperate Virus

A virus that integrates into the host DNA as a prophage.

Lysogenic Cycle

A type of phage reproductive cycle in which the viral genome usually becomes integrated into the host DNA as a prophage; it is replicated along with the host DNA and does not kill the host cell. Compare with lytic cycle.