ZoespoFariemorubic1 ZoespoFariemorubic1

01-03-2017
Social Studies

Answered

______: when the value of a nations currency is fixed according to another nations currency, or another value, like gold.

Agold standards
Bfixed exchange rate
Ccurrency calculation
Dfloating exchange rate

Verified Answer :

Anonymous Anonymous

01-03-2017

b. fixed exchange rate

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santyborca santyborca

22-07-2019

Answer:

B. Fixed exchange rate.

Explanation:

This type of exchange rate purpose is to keep a currency´s value within a narrow band. They provide greater certainty for exporters and importers and help the government to keep low inflation. It is used by most of the industrialized nations.

I hope this answer helps you.

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