WONDER #2057: How Are Currency Exchange Rates Determined?
Question 1 of 3
Until the early 20th century, what controlled international currency exchange rates?
- gold standard
- silver standard
- bronze standard
- platinum standard
Question 2 of 3
The United States uses which type of exchange rate system?
- pegged
- fixed
- floating
- stratified
Question 3 of 3
Which of the following is usually NOT a factor in determining currency exchange rates?
- interest rates
- unemployment rates
- inflation
- amount of rainfall
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