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    Microeconomics Study Set 45
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    Exam 27: The Balance of Payments, Exchange Rates, and Trade Deficits
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    The Exchange-Rate System That We Now Have for Major Currencies
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The Exchange-Rate System That We Now Have for Major Currencies

Question 59

Question 59

True/False

The exchange-rate system that we now have for major currencies like the U.S. dollar, yen, and euro is a "managed-floating" system.

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