With a Floating Exchange Rate, Intervention in the FOREX Market

question 44

Multiple Choice

With a floating exchange rate, intervention in the FOREX market is usually known as:

• A) violating.
• B) fixing.
• C) testing.
• D) volatility.

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Definitions:

Complete Contract

A contract that outlines all the relevant and necessary conditions and terms of the agreement between parties for a particular transaction or arrangement.

Privity

Privity refers to a close, direct, or successive relationship between two parties, especially one recognized by law, such as between lessor and lessee or between buyer and seller.

Tangible Stake

A concrete or physical interest, investment, or asset in a project or outcome.

Unfair

An action or situation marked by injustice, partiality, or deception, often violating ethical standards.