Why should I choose AnalystNotes?

AnalystNotes specializes in helping candidates pass. Period.

Find out more

Basic Question 1 of 15

Which one does not belong to the properties of an ideal currency regime?

A. Exchange rates are credibly fixed.
B. Each currency is fully backed by gold.
C. Currencies are fully convertible.
Check Answer Next Q Print

User Contributed Comments 2

User Comment
SalimBouch why?
chen511 ideal exchange rate policy:
1. fixed exchange rate
2. free capital flows
3. independent monetary policy
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe exchange rate regimes and explain the effects of exchange rates on countries' international trade and capital flows

CFA® 2025 Level I Curriculum, Volume 1, Module 7.