What System Was Created to Avoid the Disadvantage of Relatively

question 14

Multiple Choice

What system was created to avoid the disadvantage of relatively large changes in par values and possibly destabilizing speculation?

• A)Currency board arrangements
• B)Adjustable peg system
• C)Crawling peg system
• D)Managed floating exchange rate system

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Definitions:

Historically Accumulated

Pertains to knowledge, traditions, or characteristics gathered and developed over long periods of time.

Critical Race Theory

An intellectual movement and framework that examines society and culture as they relate to categorizations of race, law, and power.

Race

A social construct that categorizes human populations based on physical characteristics such as skin color, facial features, and hair texture.

Racialize

The process by which certain groups are classified or categorized based on perceived racial characteristics.