The current international monetary system consists of which of the following?
A)Capital mobility, domestic monetary autonomy, and floating exchange rates
B)Capital mobility, fixed exchange rates, and restricted trade
C)Domestic monetary autonomy, fixed exchange rates, and restricted currency flows
D)Domestic monetary autonomy, floating exchange rates, and limited capital flows

Question

Quizplus · Accepted Answer

The current international monetary system is characterized by capital mobility, domestic monetary autonomy, and floating exchange rates. This allows countries to pursue independent monetary policies while capital moves freely across borders, and exchange rates are determined by the market.

The Current International Monetary System Consists of Which of the Following