26. An exchange rate is the value of one nation's currency versus the currency of another nation or economic zone. True or False 27. Most exchange rates are free-floating and will rise or fall based on supply and demand in the market. True or False 28. All currencies are free-floating and have restrictions. True or False 29. When the price of a currency falls, imports from that foreign country become more expensive. True or False 30. A currency peg is a policy in which a national government sets a specific exchange rate for its currency with a foreign currency or a basket of currencies. True or False 31. Our currency is issued by the Federal Reserve. True or False 32. Quotas are more effective in restricting trade than tariffs, especially if domestic demand for something is not price sensitive. True or False