The Numerous Rules, Customs, Instruments, Facilities, Markets, and Organizations Through

question 5

Multiple Choice

The numerous rules, customs, instruments, facilities, markets, and organizations through which international payments are made and through which funds flow across borders is called

• A)a fixed exchange rate system.
• B)a floating (flexible) exchange rate system.
• C)a managed float exchange rate system.
• D)the international financial system.

Learn the principles of the gold standard and its implications for currency valuation.

Grasp the relationship between the price of currencies and their value in foreign exchange.

Comprehend the concepts of current account deficits and surpluses and their impact on national economies.

Understand the effects of the trade balance on the gold reserves under a gold standard system.

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Definitions:

Societal Stigma

The negative and discriminatory attitudes or beliefs held by society that are directed towards individuals or groups based on certain characteristics or conditions.

Sexual Orientation

A person's emotional, romantic, or sexual attraction to others, based on the gender(s) with which they identify or are attracted to.

LGBT Persons

Individuals who identify as lesbian, gay, bisexual, or transgender, representing a diverse community with various sexual orientations and gender identities.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both sexes, neither sex, or another sex.