Which of These Is Defined as an Exchange Rate Regime

question 123

Multiple Choice

Which of these is defined as an exchange rate regime where the country's central bank allows its currency price to float freely between an upper and lower bound and may buy and sell large amounts of it in order to provide price support or resistance?

• A) Foreign market regime
• B) Freely floating regime
• C) Currency market regime
• D) Managed-floating regime

---

Definitions:

Prefrontal Lobes

The anterior part of the frontal lobes of the brain, implicated in a variety of complex behaviors including planning, decision making, and moderating social behavior.

Elaboration

The addition of more detail, explanation, or information to a concept, idea, or proposal.

Automaticity

The ability to perform tasks without occupying the mind with the low-level details, achieved through repetition and practice.

Elaboration

The process of adding more information or detail to a concept, idea, or argument in order to enhance understanding or clarity.