The Current International Monetary System Is

question 12

Multiple Choice

The current international monetary system is

• A)a flexible exchange rate system
• B)a fixed exchange rate system
• C)a system combining fixed and flexible exchange rates
• D)a gold standard
• E)a gold exchange rate system

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Definitions:

Dividend Expense

An incorrect term, as dividends are distributions of earnings to shareholders and not an expense. Instead, consider "dividend payment."

Cash Dividends

Payments made out of a corporation's earnings to its shareholders, usually in the form of cash.

Stock Investments

Investments made by purchasing shares of companies in the hope of earning dividends or selling the shares at a higher price.

Insignificant Influence

A situation where an investor does not have the power to participate in the financial and operating policy decisions of another entity.