What is a currency system in which each country tries to keep the value of its currency constant against one another called?
What will be an ideal response?
Answer: a fixed exchange-rate system
Economics
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Refer to Scenario 9.1. If Sheb places ________ sheep on the commons, Monty is better off placing ________ on the commons
A) 4; 4 B) 5; 5 C) 5; 4 D) Both A and C are correct.
Economics
A higher desired level of capital and investment will result from ________
A) a decrease in productivity B) a fall in expected future output C) a depressed economy D) a booming economy
Economics