A Managed Float Currency Arrangement Is When

question 1

Multiple Choice

A managed float currency arrangement is when

• A) the government intervenes on the currency market without making its goals and targets public.
• B) the currency uses the currencies of trading partners as ballast.
• C) a group of nations decide to manage their currencies jointly and publicly.
• D) gold is used to stabilize the currency values, hence, managed.

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Definitions:

Commission

A fee paid for services, usually a percentage of the total transaction.