Which exchange-rate mechanism is intended to insulate the balance of payments from short-term capital movements while providing exchange rate stability for commercial transactions?
A. Dual Exchange Rates
B. Managed Floating Exchange Rates
C. Adjustable Pegged Exchange Rates
D. Crawling Pegged Exchange Rates
A. Dual Exchange Rates
B. Managed Floating Exchange Rates
C. Adjustable Pegged Exchange Rates
D. Crawling Pegged Exchange Rates