Multiple Choice
At the present time in the international monetary system,
A) gold is the largest component of international reserves held by central banks.
B) no country is permitted to have a flexible (or floating) exchange rate.
C) no country uses, as part or all of its money, another country's currency unit.
D) one form of international monetary arrangement that has similarities with the Old gold standard is a currency board.
Correct Answer:
Verified
Correct Answer:
Verified
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