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The Current Free Floating and Managed Exchange Rate System

Question 96

Multiple Choice

The current free floating and managed exchange rate system


A) seems to be meeting its present challenges, including the 2008 liquidity crisis.
B) is in dire need for redesign due to debt defaults.
C) can continue as is for a while but is holding back international finance.
D) will need to be replaced with a fixed rate system soon.

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