When the Foreign Exchange Market Determines the Relative Value of a Currency

question 90

Multiple Choice

When the foreign exchange market determines the relative value of a currency, we say that the country is adhering to a ________ regime.

• A) currency board exchange
• B) pegged exchange rate
• C) fixed exchange rate
• D) floating exchange rate

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Definitions:

Transmission of Meaning

involves conveying thoughts, ideas, or information from one entity to another through a mutually understood medium or channel.

Communication

The exchange or transmission of information, ideas, or feelings between individuals or groups, often through a mutually understood system of symbols.

Résumé

A document summarizing an individual's education, work history, and other professional qualifications.

Job-search

The activity of looking for employment, utilizing various strategies and resources to find job openings that match one's skills and interests.