Business, 20.11.2020 04:30, ashtonviceoxd21i

A country has experienced a rapid and unpredictable change in the value of its currency in recent years. Its leaders decide that the country needs to adopt a new system that will
make it easier to predict changes in the currency's value from month to month. The
leaders decide to tie the country's currency to the price of gold. If gold becomes more
expensive, the country's currency will increase in value. If gold becomes cheaper, the
currency will fall in value.
Which sentence best describes the system the country has created?
A. The country has a trade-weighted exchange rate.
B. The country has set up a flexible exchange rate.
C. The country has gotten rid of its exchange rate.
D. The country has set up a fixed exchange rate.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:30, karnun1201

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Answers: 2

continue

Business, 22.06.2019 19:40, raewalker23p4ibhy

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.

Answers: 3

continue

Business, 23.06.2019 00:40, pleasehelp5334me2

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec

Answers: 3

continue

Business, 23.06.2019 00:40, doublejojo214

What role do business cycles play in a market economy

Answers: 2

continue

Do you know the correct answer?

A country has experienced a rapid and unpredictable change in the value of its currency in recent y...