A fixed exchange rate system in which central banks buy and sell gold to keep exchange rates
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Question:
A fixed exchange rate system in which central banks buy and sell gold to keep exchange rates at a given level is called the ___________.
fiat standard | |
gold standard | |
flexible standard | |
fixed standard |
Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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