The Frequency of Government Intervention in the Foreign Exchange Market

question 54

Multiple Choice

The frequency of government intervention in the foreign exchange market explains why the current system is sometimes thought of as a(n) :

• A)adjustable exchange rate system.
• B)managed-float system.
• C)clean float system.
• D)pegged exchange rate system.

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Definitions:

Grammatical Mistake

An error in the use of language rules in writing or speaking.

Red Herring Fallacy

A response is directed toward a conclusion that is different from that proposed by the original argument.

Irrelevant Information

Data or facts that do not pertain to or have no bearing on the current topic, question, or issue at hand.

Large Fish

Typically refers to fish species that grow significantly larger than others, often sought after by fishermen and considered important in marine ecosystems.