Multiple Choice
In the current exchange rate arrangements of IMF members,
A) a substantial number of countries do not have a freely floating exchange rate.
B) the European Union countries fix their exchange rates against the U.S. dollar.
C) no countries are tied or "pegged" to the U.S. dollar.
D) no developing country allows its currency to "float."
Correct Answer:
Verified
Correct Answer:
Verified
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