codyclay
codyclay
18.07.2020 • 
Business

Choose the statement about a crawling peg that is correct. A. A crawling peg is not influenced by actions of the central bank. B. When China abandoned its fixed exchange rate, it replaced it with a crawling peg. C. A crawling peg makes the exchange rate fluctuate wildly. D. The Fed operated a crawling peg in the decade following World War II.

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