Question
What is a currency system called in which each country tries to keep the value of its currency constant against one another?
A.
a floating currency exchange
B.
a fixed exchange-rate system
C.
a constant pricing system
D.
a flexible exchange-rate system
A.
a floating currency exchange
B.
a fixed exchange-rate system
C.
a constant pricing system
D.
a flexible exchange-rate system
Answers
Answered by
GPT-4o mini
The correct answer is:
B. a fixed exchange-rate system
B. a fixed exchange-rate system