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    International Business Study Set 6
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    Exam 9: The International Monetary and Financial Environment
  5. Question
    A Pegged Exchange Rate System Is One in Which the Value
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A Pegged Exchange Rate System Is One in Which the Value

Question 69

Question 69

True/False

A pegged exchange rate system is one in which the value of a currency is set relative to the value of another (or to the value of a basket of currencies) at a specified rate.

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