The Current Exchange Rate System Has Which of the Following

question 132

Multiple Choice

The current exchange rate system has which of the following characteristics?

• A)Canada allows the dollar to float against other major currencies.
• B)All developing countries allow their currencies to float against the dollar and other major currencies.
• C)The countries of the European Union have adopted the gold standard.
• D)Several developing countries in Asia have adopted the Bretton Woods system.
• E)The current global foreign exchange system is a fixed system.

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Definitions:

Emotional Noise

Distractions or disturbances caused by strong emotions that interfere with the ability to listen or communicate effectively.

External Noise

Refers to physical sounds and distractions from the environment that interfere with the communication process.

Confirming Response

A communication pattern that acknowledges and supports a person's self-concept, positively reinforcing personal identity.

Disconfirming Response

A communication pattern that invalidates or disregards another's opinions or feelings.