International Monetary Relations Immediately After World War II Were Based

question 8

Multiple Choice

International monetary relations immediately after World War II were based on __________.

• A)floating exchange rates
• B)fixed exchange rates
• C)the silver standard
• D)managed exchange rates

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Definitions:

OTC Markets

Over-the-counter markets refer to decentralized markets where trading occurs directly between two parties without the supervision of an exchange.

Institution-To-Institution Trading

The buying and selling of securities between institutional investors, like pension funds and mutual funds, rather than individual investors.

Brokers

Intermediaries that facilitate buying and selling of securities, commodities, or other financial instruments for a commission.

Proprietorship

A business entity owned and run by one individual where there is no legal distinction between the owner and the business.