A Dirty Float Is

question 24

Multiple Choice

A dirty float is

• A) when the value of a currency is pegged relative to the value of one other currency.
• B) when the value of a currency is allowed to fluctuate against all other currencies.
• C) when countries intervene in foreign exchange markets in an attempt to influence their exchange rates by buying and selling foreign assets.
• D) when the value of a currency is pegged relative to an anchor currency.

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Definitions:

Small Businesses

Refer to independently owned and operated companies that are limited in size and revenue, depending on the industry and country.

Promotion Mix

A subset of the marketing mix that includes four main elements of marketing communication: advertising, sales promotion, personal selling, and public relations.

Persuade Customers

Involves techniques and strategies used by businesses to influence the buying behavior or decisions of potential and existing customers.

Promotion Mix

The blend of advertising, public relations, personal selling, and sales promotion strategies used by a company to reach its marketing objectives.