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    International Economics Study Set 12
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    Exam 14: Exchange Rate Adjustments and the Balance of Payments
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    Which Exchange Rate System Does NOT Require Monetary Reserves for Official
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Which Exchange Rate System Does NOT Require Monetary Reserves for Official

Question 125

Question 125

Multiple Choice

Which exchange rate system does NOT require monetary reserves for official exchange rate intervention?


A) floating exchange rates
B) pegged exchange rates
C) managed floating exchange rates
D) dual exchange rates

Correct Answer:

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