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Basic Question 3 of 15
Which exchange rate regime does Germany adopt?
B. Managed float
C. Crawling peg
A. Monetary union
B. Managed float
C. Crawling peg
User Contributed Comments 1
| User | Comment |
|---|---|
| KrzysztofW | There are 28 countries in EU and just 18 use euro as its currency. As we know we still use british pound and yet UK is part of EU |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe exchange rate regimes and explain the effects of exchange rates on countries' international trade and capital flows
CFA® 2024 Level I Curriculum, Volume 1, Module 7.