Floating Exchange Rates Are Determined by

question 94

Multiple Choice

Floating exchange rates are determined by

• A)market forces.
• B)the IMF.
• C)the World Bank.
• D)an international commission on exchange rate parity.
• E)national banks

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Definitions:

Secondary Groups

Groups formed around some common interest or objective, characterized by less personal connections and bonds than in primary groups.

Sociologists

Scholars or scientists who study the development, structure, and functioning of human society.

Group

A collection of individuals who interact and communicate, share goals and norms, and who have a subjective awareness as “we.”

Triad

In sociology, it refers to a group or social relationship involving three entities or individuals.