Which system allows a country to print its currency and buy hard currencies or gold when it is running a trade surplus?
A. The floating exchange rate system
B. The free market exchange rate system
C. The managed float exchange rate system
D. The fixed exchange rate system
Answer: D
Economics
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A country would achieve faster growth by ________
A) encouraging free trade B) increasing the cost of education C) increasing union membership D) taxing income and not consumption
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In an open economy, how many bikes will this country export?
A. 20,000 B. 60,000 C. 80,000 D. 50,000
Economics