What Is a Fixed Exchange Rate

question 28

Multiple Choice

What is a fixed exchange rate?

• A)A trading system in which governments do not limit how many goods can be sent between countries
• B)A monetary system in which the exchange rates of currencies are set at a permanent price of another currency or a precious metal
• C)A monetary system in which the exchange rates of major currencies retain nearly the same value with respect to gold but are periodically adjusted in response to currency crises
• D)A monetary system in which exchange rates are allowed to change according to their market price

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Definitions:

Cells

The basic structural, functional, and biological units of all living organisms, acting as the building blocks of life.

Dietary Trans-Fatty Acids

Unhealthy fats found in some foods that can increase the risk of heart disease.

Hydrogenated Vegetable Oils

Vegetable oils that have been chemically processed to convert them into a more solid form, often used in processed foods and associated with health risks like heart disease.

FDA

The Food and Drug Administration, a federal agency of the United States responsible for protecting public health by regulating food, drugs, medical devices, and cosmetics.