_____ Refers to a System Under Which a Country's Currency

question 60

Multiple Choice

_____ refers to a system under which a country's currency is nominally allowed to float freely against other currencies,but in which the government will intervene,buying and selling currency,if it believes that the currency has deviated too far from its fair value.

• A) Fixed float
• B) Clean float
• C) Pegged float
• D) Dirty float
• E) Capital float

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Definitions:

Majority Opinion

The judicial opinion agreed to by more than half of the members of a court, setting out the decision of the court and an explanation of the rationale behind the court's decision.

Dissenting Opinion

A judicial expression of disagreement with the court’s majority decision, highlighting alternate legal perspectives or interpretations.

Types of Opinions

Refers to the various classifications of judgments or viewpoints expressed by individuals, often categorized based on subject matter, such as legal, professional, or personal opinions.

Judge

An official appointed or elected to hear and decide cases in a court of law.