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:

Socialization

The process by which individuals internalize the values, beliefs, and norms of a society and learn to function as members of that society.

Traditional Gender Roles

Socially and culturally defined prescriptions and beliefs about the behavior and responsibilities of men and women, often based on normative concepts of masculinity and femininity.

Feral Children

Children who have lived isolated from human contact from a very young age, and have little or no experience of human care, behavior, or language.

Minimal Interaction

A situation or relationship where exchanges between individuals or groups are infrequent or superficial, often resulting in limited connection or understanding.