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______: when the value of a nations currency is fixed according to another nations currency, or another value, like gold.
a. gold standards
b. fixed exchange rate
c. currency calculation
d. floating exchange rate

Respuesta :

b. fixed exchange rate
santyborca

Answer:

Β  B. Fixed exchange rate.

Explanation:

Β  This type of exchange rate purpose is to keep a currencyΒ΄s value within a narrow band. They provide greater certainty for exporters and importers and help the government to keep low inflation. It is used by most of the industrialized nations.

Β  I hope this answer helps you.

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