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Economics
MEDIUM
ENGLISH
Economics
Which exchange rate system involves a leaning against the wind|| strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the long run ?
A
pegged of fixed exchange rates
Option A
adjustable pegged exchange rates
Correct answer
C
managed floating exchange rates
Option C
D
free floating exchange rates
Option D
Correct answer: B
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