Multiple Choice
Which exchange rate mechanism calls for frequent redefining of the par value by small amounts to remove a payment's disequilibrium?
A) dual exchange rates
B) adjustable pegged exchange rates
C) managed floating exchange rates
D) crawling pegged exchange rates
Correct Answer:

Verified
Correct Answer:
Verified
Q127: Many developing nations with low inflation rates
Q128: The purpose of currency devaluation is to
Q129: Other things equal, under a floating exchange
Q130: Figure 15.1 shows the market for the
Q131: If Uganda sets its par value at
Q133: Under the historic adjustable pegged exchange rate
Q134: Smaller nations with relatively undiversified economies and
Q135: For developing countries, currency boards and dollarization
Q136: Large industrial nations with diversified economies and
Q137: Most developing countries have chosen to allow