Currently,which Best Describes the Pattern of International Monetary Arrangements

question 21

Multiple Choice

Currently,which best describes the pattern of international monetary arrangements?

• A)Gold is the currency of the world.
• B)It is a floating exchange rate system.
• C)It is based on a commodity standard.
• D)The International Monetary Fund (IMF)regulates fixed exchange rates.
• E)A few major currencies float against one another.

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