A System Whereby Exchange Rates Are Market Determined Without Boundaries

question 33

Multiple Choice

A system whereby exchange rates are market determined without boundaries but subject to government intervention is called

• A)a dirty float.
• B)a free float.
• C)the gold standard.
• D)the Bretton Woods era.

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Definitions:

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involves assessing or judging the value, quality, or performance of someone or something.

Instrumental Values

Values that are considered a means to an end, guiding how we achieve our terminal values or goals.

Terminal Values

Deeply held beliefs about the ultimate goals of life, such as happiness, success, and peace, that guide an individual's behaviour and life choices.

Long-term Goals

Objectives or plans that are intended to be achieved over an extended period, typically several years or more, focusing on future accomplishments.