Government sets a limit on how much their currency will be exchanged against other currencies. Which one of the following refers to that: a. Managed currency exchange rates b. Floating exchange rates c. Flexible exchange rates d. Pegged exchange rates

Government sets a limit on how much their currency will be exchanged against other currencies. Which one of the following refers to that: a. Managed currency exchange rates b. Floating exchange rates c. Flexible exchange rates d. Pegged exchange rates

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter18: International Finance

Section: Chapter Questions

Problem 4.7P

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Question

41.

Government sets a limit on how much their currency will be exchanged against other currencies. Which one of the following refers to that:

a.
Managed currency exchange rates

b.
Floating exchange rates

c.
Flexible exchange rates

d.
Pegged exchange rates

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