Prior to July 2, 1997, the Thai government:
A) allowed the Thai Bhat to float against major currencies.
B) fixed the Bhat's value against the Korean won only.
C) fixed the Bhat's value against major currencies especially the U.S. dollar.
D) none of the above
Answer: C
Business
You might also like to view...
Reasons for regulation of insurance include which of the following? I. Maintaining insurer solvency II. Ensuring reasonable rates
A) I only B) II only C) both I and II D) neither I nor II
Business
Among the forms of online B2B payments, the use of ________ is second only to ACH in terms of frequency of use
A) letters of credit B) purchasing cards C) Fedwire, or wire transfer D) EDI
Business