QUESTION 11 The Basel Accords are a set of evolving International standards designed to promote the stability of banks by standardizing capital maintenance ratios Increase the competitiveness of large banks in the global environment by standardizing capital maintenance ratios Increase comportion among banks international, bw giving them greater flexibilty in determining what might be considered bank capital for purposes of financial statement reporting O provide a uniform approach to evaluating banka operating in different countries QUESTION 12 When it comes to exchanging one curry for another, there are several different approaches a country may adopt The United States use: O a fixed exchange rate system where exchange rates are held constant O pegged exchange rate system where the dollar is pegged to the Euro O a managed float exchange rate system where the US government directly intervenes the exchange rate against other currencies gets too high or too low O a free-floating exchange rate tem w re the US government does not directly intervene lo altor exchange rates Click Save and Submit to save and submit. Click Saw All Answers to see all anser