Q.

From 1944 to 1971, the exchange rate between any two currencies was typically:

A. fixed within narrow boundaries.
B. floating, but subject to central bank intervention.
C. floating, and not subject to central bank intervention.
D. nonexistent; that is currencies were not exchanged, but gold was used to pay for all foreign transactions.
Answer» A. fixed within narrow boundaries.
2.9k
0
Do you find this helpful?
14

Discussion

No comments yet

Related MCQs