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    Exam 15: The International Financial System
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    When the Value of a Currency Is Fixed Relative to a Particular
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When the Value of a Currency Is Fixed Relative to a Particular

Question 80

Question 80

Multiple Choice

When the value of a currency is fixed relative to a particular country's currency, this is referred to as a ________ exchange rate.


A) permanent
B) variable
C) floating
D) pegged

Correct Answer:

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