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In the Years Immediately Preceding 1998 the Russian Ruble Operated

question 43

Multiple Choice

In the years immediately preceding 1998 the Russian Ruble operated under a ________ type of exchange rate regime.


Definitions:

Pay To The Order

A phrase written on a financial instrument such as a check, indicating the person or entity to which the money is directed.

Bank

A financial institution licensed to receive deposits and make loans, and may offer various other financial services.

Negotiable

Capable of being discussed and terms arranged; a check is a negotiable instrument drawn against deposited funds to pay a specified amount to a person or business upon demand.

Form Of Phrase

The particular way in which a phrase is constructed or expressed.

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