When Countries Have Pegged Exchange Rate Systems,they Often Set Up

question 25

Multiple Choice

When countries have pegged exchange rate systems,they often set up ________ to improve the credibility of the system in the eyes of the global traders.

• A) target zone systems
• B) futures markets for currencies
• C) currency board systems
• D) sterilized interventions

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Definitions:

Japanese/American Business Meeting

A professional gathering that involves participants from Japanese and American business cultures, requiring an understanding of differing business practices and etiquette.

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A description of someone who is not friendly or forthcoming; cool and distant.

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A psychological concept that refers to individuals' beliefs about the extent to which they can control events affecting them.

External Locus

A psychological perspective where individuals perceive their successes or failures as influenced by external factors beyond their control.