Which System Allows a Country to Print Its Currency and Buy

question 45

Multiple Choice

Which system allows a country to print its currency and buy hard currencies or gold when it is running a trade surplus?

• A)The fixed exchange rate system
• B)The managed float exchange rate system
• C)The floating exchange rate system
• D)The free market exchange rate system

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Definitions:

Popular Vote

The total number or percentage of votes cast by the general population in an electoral process.

Winner-take-all

An electoral system in which the candidate receiving the most votes wins all of the available seats or electoral votes, leaving nothing for the losing parties.

Electoral College

A body of electors established by the United States Constitution, which formally selects the President and Vice President of the United States.

Maine

A state located in the northeastern United States, known for its scenic coastlines, lighthouses, seafood cuisine, particularly lobster and clams, and as the easternmost state of the continental U.S.