Today's Exchange Rate System Can Be Described as

question 69

Multiple Choice

Today's exchange rate system can be described as

• A)a fixed exchange rate system
• B)a freely floating exchange rate system
• C)a pegged exchange rate system
• D)a flexible exchange rate system
• E)a managed float

---

Definitions:

Promotional Activities

Efforts designed to inform, persuade, or remind potential buyers about a business's products or services, often to boost sales or brand awareness.

Free Ride

Benefit received without contributing to the cost of its production, often resulting in under-provision of goods or services if too many consumers opt to not pay.

Reap Benefits

To gain or receive advantageous outcomes or rewards from a particular action or investment.

Vertical Contracts

Agreements between companies at different levels of the supply chain, such as manufacturers and retailers, aimed at controlling prices or excluding competitors.