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In 2007,about a Quarter of the IMF's Members Had an Exchange

question 96

True/False

In 2007,about a quarter of the IMF's members had an exchange rate policy that allowed their currency to float freely.

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Definitions:

Decreases in Value

A reduction in the worth or price of an asset or commodity.

Foreign Currencies

Money or other forms of legal tender issued by countries other than one's own, used in international trade and finance transactions.

U.S. Exports

Goods and services produced in the United States and sold to other countries, contributing to the national economy.

Dollar-Euro Market

The foreign exchange market where the US dollar and the Euro are traded against each other.

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