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    Exam 11: The International Monetary System
  5. Question
    A Country Wanted to Hold Its Currency Against an Important
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A Country Wanted to Hold Its Currency Against an Important

Question 48

Question 48

Multiple Choice

A country wanted to hold its currency against an important reference currency without a formal pegged rate. This is known as


A) a monetary run.
B) a currency flip.
C) an unpegged rate.
D) a dirty float.

Correct Answer:

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