Which of the Following Is True About Exchange Rate Systems

question 86

Multiple Choice

Which of the following is true about exchange rate systems in the world?

• A)Many European countries have fixed exchange rates with each other.
• B)Most countries in the world have flexible exchange rate systems.
• C)Only developing countries have fixed exchange rates.
• D)The United States has always had a flexible exchange rate system.
• E)The United States has always had a fixed exchange rate system.

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