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 ___________.
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 |
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
