Under a Pegged Exchange Rate Regime,a Country Will Peg the Value

Multiple Choice

Under a pegged exchange rate regime,a country will peg the value of its currency to _______

A) an index of world currencies maintained by the World Bank.
B) that of a major currency.
C) an index of "peer nation" currencies.
D) an index of its historic currency rates.
E) the index of its major trading partners' currencies.