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  3. Study Set
    Introduction to International Economics
  4. Exam
    Exam 15: Flexible Versus Fixed Exchange Rates,european Monetary Systems,and Macroeconomic Policy Coordination
  5. Question
    The System Under Which Exchange Rates or Par Values Are
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The System Under Which Exchange Rates or Par Values Are

Question 3

Question 3

Multiple Choice

The system under which exchange rates or par values are periodically changed to correct balance-of-payments disequilibria is known as a(n) :


A) currency board arrangements
B) adjustable peg system
C) crawling peg system
D) managed floating exchange rate system

Correct Answer:

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