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    Exam 16: Foreign Exchange: Factors That Influence the Exchange Rate
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    The Regime Whereby the Value of a Domestic Currency Is
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The Regime Whereby the Value of a Domestic Currency Is

Question 23

Question 23

Multiple Choice

The regime whereby the value of a domestic currency is locked in to a specified multiple of another country is called:


A) preset.
B) floating.
C) pegged.
D) permanent.

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