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Since 2009 the IMF's exchange rate regime classification system uses a de facto classification methodology. Under this system, a country that has given up its
Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, a country that has given up its own sovereignty over monetary policy and its currency is fully backed by foreign assets is considered to have:
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dollarization. | |
crawling pegs. | |
currency board arrangements. | |
floating system. |
I got Crawling Pegs wrong
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