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    Macroeconomics Study Set 12
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    Exam 15: The International Financial System
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    A Country That Allows Its Exchange Rate to Be Determined
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A Country That Allows Its Exchange Rate to Be Determined

Question 11

Question 11

Multiple Choice

A country that allows its exchange rate to be determined by the market, without government intervention, has a:


A) floating currency.
B) fixed currency.
C) managed float exchange rate system.
D) gold standard.

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