Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1 pts the system in which the country pegs its cur

1 pts The system in which the country pegs its currency (e.g., Chinese yuan, Saudi...

80.2K

Verified Solution

Question

Accounting

image

1 pts The system in which the country pegs its currency (e.g., Chinese yuan, Saudi Arabian riyal) at a fixed rate to a major currency or basket of currencies, while the exchange rate fluctuates within a narrow margin around a central rate is called a(n) o managed floating exchange rate system o spot market D fixed exchange rate system independent floating exchange rate system

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

The US government currently runs two lotteries to determine H1B visas The first is for...

Biology
1.2K views

Caspases are apoptosis-inducing proteins activated by tumor suppressor proteins such as p53 Select one: a. True b. False -------- entrioles are...

Finance
1.2K views

Gregory is an analyst at a wealth management firm. One of his clients holds a $10,000...

General Management
1.2K views

Using the Internet read at least 2 articles each on Transactional Vs Transformational Leadership. Summarize the articles...

Biology
1.2K views

5 Access a scientific database to search for a piece of primary literature that explains...

Biology
1.2K views

Which two sentences from the article support how the author feels about Malala Malala was...

Calculus
1.2K views

Evaluate the surface integral f x y z ds using an explicit representation of the...

Algebra
1.2K views

a. Rewrite the given equation 3x + 4y - 12=0 slope-intercept form.b. Give the slope...

Accounting
1.2K views

Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par...

Accounting
1.2K views

Question 38 (4 points) $1,000 of office supplies are purchased on account would be: Reported...

Accounting
1.2K views

Leaping corporation has reported beginning inventory for September 2019 of $800,000. During the month of...

Accounting
1.2K views

wages paid to a timekeeper in a factory is classified as a conversion cost or...