Question: Since 2009 the IMF's exchange rate regime classification system uses a de facto classification methodology. Under this system, a country that has given up its
Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, a country that has given up its own sovereignty over monetary policy and its currency is fully backed by foreign assets is considered to have:
Question options:
| dollarization. | |
| crawling pegs. | |
| currency board arrangements. | |
| floating system. |
I got Crawling Pegs wrong
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