Chap002 44 - 59 Ecuador does not have its own national...

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59. Ecuador does not have its own national currency, circulating the U.S. dollar instead. About how many countries do not have their own national currency? A. 10 B. 20 C. 30 D. 40 Topic: Current Exchange Rate Arrangements 60. With regard to the current exchange rate arrangement between the U.S. and the U.K., it is best characterized as A. independent floating (market determined). B. managed float. C. currency board. D. pegged exchange rate within a horizontal band. Topic: Current Exchange Rate Arrangements 61. With regard to the current exchange rate arrangement between Italy and Germany, it is best characterized as A. independent floating (market determined).
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