Country X uses a crawling peg system, which means that the currency of Country X is fixed to either the U.S. dollar or the current gold standard.

Question

Quizplus · Accepted Answer

A crawling peg system allows a country's currency to fluctuate within a specified range against a major currency or a basket of currencies, and it is periodically adjusted, but it is not necessarily fixed to the U.S. dollar or the gold standard exclusively.

Country X Uses a Crawling Peg System, Which Means That