WONDER #2057: How Are Currency Exchange Rates Determined?

Question 1 of 3

Until the early 20th century, what controlled international currency exchange rates?

  1. gold standard
  2. silver standard
  3. bronze standard
  4. platinum standard

Question 2 of 3

The United States uses which type of exchange rate system?

  1. pegged
  2. fixed
  3. floating
  4. stratified

Question 3 of 3

Which of the following is usually NOT a factor in determining currency exchange rates?

  1. interest rates
  2. unemployment rates
  3. inflation
  4. amount of rainfall

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