Which exchange rate system involves a leaning against the wind|| strat – McqOptions

MCQOPTIONS

1.	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
B.	adjustable pegged exchange rates
C.	managed floating exchange rates
D.	free floating exchange rates
Answer» C. managed floating exchange rates

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