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.
Correct Answer:
Verified
Correct Answer:
Verified
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