China currently uses a ________ exchange rate regime.
A. crawling peg
B. pegged
C. managed floating
D. dollarization
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The post WWII international monetary agreement that was developed in 1944 is known as the ________.
A. United Nations
B. League of Nations
C. Yalta Agreement
D. Bretton Woods Agreement
The drop in value of a currency pegged to gold or another currency is known as ________.
A. revaluation
B. depreciation
C. deterioration
D. devaluation
The price of one country's currency in units of another currency or commodity is the ________.
A. foreign interest rate
B. foreign currency exchange rate
C. par value
D. international rate
The phase of the globalization process characterized by imports from foreign suppliers and exports to foreign buyers is called the
A. domestic phase.
B. multinational phase.
C. international trade phase.
D. import-export banking phase.