Question17 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a pegged exchange rate a free float a managed float a fixed exchange rate a brokered exchange rate ResetMaximum marks: 1 Flag question undefined

Question

BlackTom AI · Accepted Answer

The question asks about an exchange rate regime in which the domestic currency is kept within a defined band relative to a foreign currency.
Option 1: a pegged exchange rate. This describes a regime where the central bank commits to maintaining the currency within a specific band or against another currency, often with official interventions when the band is threatened. This matches the description given in the question.
Option 2: a free float. In a free float, the currency value is determined by market forces without a target band or intervention to keep it within a range, so it does not fit the idea of a defined band.
Option 3: a managed float. A managed (or dirty) float allows market forces to determine the exchange rate but involves occasional central bank intervention to influence the rate. While there can be some stabilization efforts, it is not characterized by a strict defined band around a target value, so it is not the best fit here.
Option 4: a fixed exchange rate. A fixed rate means the currency is pegged to another currency at a fixed ratio, not within a band around a moving target. The term implies no band or only a single fixed level, which contrasts with the banded description.
Option 5: a brokered exchange rate. This term generally refers to a mechanism where brokers facilitate currency trading or liquidity provision, not a regime describing a banded target for the currency’s value. It does not address a banded regime.
In summary, the description of keeping the domestic currency within a defined band aligns with the concept of a pegged exchange rate, where policy aims to maintain stability within set bounds against a reference currency.

Question17 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a pegged exchange rate a free float a managed float a fixed exchange rate a brokered exchange rate ResetMaximum marks: 1 Flag question undefined

查看解析

登录即可查看完整答案

类似问题

Question5 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a managed float a free float a pegged exchange rate a brokered exchange rate a fixed exchange rate ResetMaximum marks: 1 Flag question undefined

Question4 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a free float a managed float a fixed exchange rate a brokered exchange rate a pegged exchange rate ResetMaximum marks: 1 Flag question undefined

A managed float exchange rate regime is best described as one in which:

How would you define a currency board?

The intersection of GG and LL for Norway determines

Why does the LL schedule have a negative slope? The economic stability loss from pegging to the area's currencies _ as the degree of economic interdependence _.

Question at position 24 A system in which currencies float against one another, with governments intervening to stabilize their currencies at particular target exchange rates is called a __.managed float systemlinked exchange-rate systemfree float systemfixed exchange-rate system

Among the statements below pick the one which best describes current policy of different countries central banks with respect to exchange rate regimes. Select one – the most appropriate answer.

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单

Question17 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a pegged exchange rate a free float a managed float a fixed exchange rate a brokered exchange rate ResetMaximum marks: 1 Flag question undefined

查看解析

登录即可查看完整答案

类似问题

Question5 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a managed float a free float a pegged exchange rate a brokered exchange rate a fixed exchange rate ResetMaximum marks: 1 Flag question undefined

Question4 An exchange rate regime where the domestic currency relative to a foreign currency is held within a defined band is termed as ______________. a free float a managed float a fixed exchange rate a brokered exchange rate a pegged exchange rate ResetMaximum marks: 1 Flag question undefined

A managed float exchange rate regime is best described as one in which:

How would you define a currency board?

The intersection of GG and LL for Norway determines

Why does the LL schedule have a negative slope? The economic stability loss from pegging to the area's currencies _______ as the degree of economic interdependence _______.

Question at position 24 A system in which currencies float against one another, with governments intervening to stabilize their currencies at particular target exchange rates is called a __.managed float systemlinked exchange-rate systemfree float systemfixed exchange-rate system

Among the statements below pick the one which best describes current policy of different countries central banks with respect to exchange rate regimes. Select one – the most appropriate answer.

更多留学生实用工具

希望你的学习变得更简单

Why does the LL schedule have a negative slope? The economic stability loss from pegging to the area's currencies _ as the degree of economic interdependence _.