Test Bank

21. Since the Louvre Accord, participating nations have engaged in a free float system of exchange rates. Ans: False. Dif: M. 22. The new Euro currency was first created in January of 2002. Ans: False. Dif: M. 23. As of 2002 about 54% of IMF member countries allowed their currencies to float in value against other currencies. Ans: False. Dif: M ... ................
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