A Feature of the Current Monetary System Is That

question 59

Multiple Choice

A feature of the current monetary system is that

• A)it is free from government intervention.
• B)it is free from volatile movements in exchange rates.
• C)it has increased foreign exchange risk for businesses.
• D)it has made it easier to get insurance coverage against exchange rate changes.
• E)instruments like forward market and swaps have lost their importance in the present system.

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