For a Floating Currency System to Be Effective

question 30

Multiple Choice

For a floating currency system to be effective:

• A)the currency markets must be subject to significant regulation and the central bank must be willing to take action when predetermined indicators suggest action is necessary.
• B)the currency market must be diversified and must not be dominated by any specific currency.
• C)there must be effective market and monetary infrastructures and the currency market must be large and liquid.
• D)the central bank of the nation must have cooperative agreements with the central banks of other nations that allow those other central banks to take actions to stabilize the subject currency.

---

Definitions:

Antigens

Substances that provoke an immune response, leading to the production of antibodies as part of the body's defense against infections and diseases.

Cancer Cells

Abnormal cells that divide uncontrollably and may invade nearby tissues or spread to other parts of the body.

Antigen

A foreign invader of the body, such as a bacterium or virus.

Foreign Invader

An external agent, often microscopic, that enters the body and can cause disease or trigger an immune response.