The Current International Financial System Is a Managed Float Exchange

question 81

Multiple Choice

The current international financial system is a managed float exchange rate system because

• A)exchange rates fluctuate in response to,but are not determined solely by,market forces.
• B)some countries keep their currencies pegged to the dollar,which is not allowed to fluctuate.
• C)all countries allow their exchange rates to fluctuate in response to market forces.
• D)all countries peg their currencies to the dollar which is allowed to fluctuate in response to market forces.

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Definitions:

Subjective Norms

Individual's perceptions of social pressure to perform or not perform a particular behavior, influenced by family, friends, and society.

Theory Of Planned Behavior

A psychological theory that links beliefs and behavior, suggesting that an individual's behavioral intentions are shaped by their attitudes towards the behavior, subjective norms, and perceived control over the behavior.

Intention To Act

A mental state that represents a commitment to carrying out an action or actions in the future.

Subjective Norms

Beliefs about the social pressures to perform or not perform a particular behavior, which can influence an individual's actions.