The Figure Below Shows the Demand (D) and Supply (S)

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-What is a currency board?

A) A fixed exchange rate that, by law, exchanges domestic currency for a specified foreign currency at a fixed exchange rate.
B) A floating exchange rate.
C) A managed floating exchange-rate policy that the government adjusts periodically according to some economic indicator.
D) A laissez-faire exchange-rate policy.
E) An interventionist exchange-rate policy.