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Basic Question 5 of 15
The most widely traded currencies, such as the U.S. dollar and euro, are considered to be ______.
B. pegged floating
C. free floating
A. fixed
B. pegged floating
C. free floating
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.