China's Exchange Rate Is A

question 97

Multiple Choice

China's exchange rate is a:

• A)freely floating regime.
• B)managed floating regime.
• C)fixed peg arrangement.
• D)none of these.

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Definitions:

Restrictive

A term used to describe policies or measures that limit or control some form of activity or process.

Import Tariffs

Taxes imposed by a government on goods and services imported from other countries, affecting their price and availability.

Consumers

Individuals or entities that purchase goods and services for personal use.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers among the three countries.