Multiple Choice
The use of foreign exchange reserves to keep exchange rates constant over time is called
A) a fixed exchange rate system.
B) the Bretton Woods system.
C) barter exchange system.
D) a floating exchange rate system.
Correct Answer:

Verified
Correct Answer:
Verified
Q242: Unilateral transfers are<br>A) transactions that take place
Q243: Exchange rates that are allowed to fluctuate
Q244: The demand for dollars will increase when<br>A)
Q245: Any transaction that leads to a payment
Q246: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Based on the
Q248: A reduction in a country's rate of
Q249: If the foreign exchange rate is 70
Q250: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Based on the
Q251: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q252: Financial account transactions occur<br>A) when an U.S.