Fixed Relationship Among Currencies Refers to ________

Multiple Choice

Fixed relationship among currencies refers to ________.

A) the relationship in which the value of any one currency with respect to all other currencies is allowed to fluctuate on a yearly basis
B) the relationship in which the value of any two currencies with respect to each other is allowed to fluctuate on a monthly basis
C) the constant relationship of a currency to one of the major currencies, a combination of major currencies, or some type of international foreign exchange standard
D) the constant relationship of a currency to one of the major foreign exchange market or a combination of markets