A "crawling peg" arrangement
A) has currently been adopted by a majority of the member of the International Monetary Fund.
B) relies on a set of indicators, such as size of a country's international reserves, to Trigger changes in the parity value of the country's currency.
C) has been adopted by fewer than five members of the International Monetary Fund.
D) usually permits very wide variations of the country's currency around the parity value

Question

Quizplus · Accepted Answer

A crawling peg arrangement relies on a set of indicators, such as the size of a country's international reserves, to trigger changes in the parity value of the country's currency. It has not been adopted by a majority of the members of the International Monetary Fund and it does not usually permit wide variations of the country's currency around the parity value.

A "Crawling Peg" Arrangement