Question

______: when the value of a nations currency is fixed according to another nations currency, or another value, like gold.

a. gold standards
b. fixed exchange rate
c. currency calculation
d. floating exchange rate

Answer 1

b. fixed exchange rate

Answer 2

B. Fixed exchange rate.

Step-by-step explanation:

This type of exchange rate purpose is to keep a currency´s value within a narrow band. They provide greater certainty for exporters and importers and help the government to keep low inflation. It is used by most of the industrialized nations.

I hope this answer helps you.