Managed Float Means

question 20

Multiple Choice

Managed float means

• A)a fixed exchange rate system with regularly scheduled periodic devaluations
• B)a freely floating exchange rate system
• C)a hybrid of freely floating exchange rates with occasional intervention by central banks
• D)a fixed exchange rate system managed by the European Community
• E)a flexible exchange rate system managed entirely by the IMF

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Definitions:

North American

Pertaining to the continent that includes Canada, the United States, Mexico, and Greenland, characterized by diverse cultures, languages, and ecosystems.

Major Possessions

Territories or significant assets that are owned or controlled by a country, corporation, or individual.

Violators

Individuals or entities that break or fail to comply with laws, rules, or regulations.

Jury

A group of people sworn to render a verdict or true answer on a question or questions officially submitted to them in a court of law.