Which of the Following Is the Reason Why the Current

question 64

Multiple Choice

Which of the following is the reason why the current foreign-exchange system is sometimes thought of as a managed-float system?

• A) The exchange rates of a currency are determined by market forces.
• B) Governments intervene frequently in the foreign exchange market.
• C) Major currencies are allowed to freely float against each other.
• D) Countries use a reference currency to estimate the value of their currencies.

---

Definitions:

Adolescence

The transitional stage of development between childhood and adulthood, characterized by physical, psychological, and social changes.

Sexuality

Encompasses sexual feelings, thoughts, attractions, and behaviors towards other people.

Parents' Behavior

Refers to the actions, attitudes, and approaches used by parents in raising their children, including discipline, communication, and support strategies.

Religious Beliefs

The faith or convictions pertaining to the nature, existence, and worship of a deity or deities, and the values and rituals associated with such belief.