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Question 12 (5 points) Saved Which of the following statements correctly describes a pegged exchange rate? Exchange rates are held constant against all other currencies
Question 12 (5 points) Saved Which of the following statements correctly describes a pegged exchange rate? Exchange rates are held constant against all other currencies Exchange rates are determined by market forces within certain boundaries, otherwise the government will intervene to enforce the boundaries Exchange rate is fixed to one foreign currency, it is market determined versus other currencies Exchange rates are determined by market forces without direct intervention of governments
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