The Recent Flexible Exchange Rate System Developed Because Of

question 86

Multiple Choice

The recent flexible exchange rate system developed because of:

• A)​the controversies generated by trade surplus nations wanting to devalue their currencies.
• B)​the huge debts owed to the IMF by less-developed countries.
• C)​governments were unable to agree on an alternative to a fixed-rate approach when the Bretton Woods system collapsed.
• D)​the controversies generated by trade deficit nations wanting to raise the value of their currencies.

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Definitions:

Private Transactions

Private transactions are trades or deals conducted directly between two parties without the involvement of a public exchange or the public eye.

Trading Of Securities

The buying and selling of financial instruments such as stocks, bonds, and derivatives.

Deceptive And Manipulative Practices

Actions deliberately intended to mislead or trick others, often for personal or financial gain and at the expense of others.

Securities Regulation

Laws and regulations governing the issuance, trading, and enforcement of rights associated with financial instruments like stocks and bonds.