Solved

When the Value of a Currency Is Fixed Relative to a Reference

Question 53

Multiple Choice

When the value of a currency is fixed relative to a reference currency,this is referred to as a.


A) variable exchange rate
B) pegged exchange rate
C) linked exchange rate
D) floating exchange rate

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions