In which kind of exchange rate is the value of the currency fixed rela

QUESTION

In which kind of exchange rate is the value of the currency fixed relative to a reference currency, and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate?

A. Flexible

B. Pegged

C. Real

D. Dirty-float

E. Floating

 

ANSWER

B

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00