In a system of managed float there is less chance of speculation.

Related MCQs

• Under managed float, the central bank of a nation intervenes to_ _ foreign currency.
• Terms of trade of less developed countries are generally unfavourable because
• There are methods of measuring national income:
• In classical theory of employment, there is the possibility of:
• The countries of the world are following the exchange rate system.
• The modern foreign exchange market functions in a system of _ .
• Under IMF, the exchange rate system was     _                 
• Flexible exchange rate system, the exchange rate is determined by _     
• India has adipted _ _ _ Exchange rate system.