A(n) ____________________ Provider Is a Third Party That, for a Fee

question 127

Short Answer

A(n) ____________________ provider is a third party that, for a fee paid by the e-commerce Web site, will certify that the site meets some criteria for conducting business in a secure and privacy-preserving manner.

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Definitions:

Foreign-exchange Reserves

Assets held by a central bank in foreign currencies, which are used to back liabilities on their own issued currency as well as to influence monetary policy.

Pegged Exchange Rate

A currency system where a country's currency value is fixed or linked to another currency or a basket of currencies.

Fixed Exchange-rate System

A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.