When a government intervenes so the exchange rate differs from the market outcome, it establishes a:

1. Intervention has a standard name in currency policy. 2. A floating rate leaves the market to set the value. 3. A government may intervene in the foreign exchange market instead. 4. When the rate differs from what the market would have produced, it establishes a peg. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 15 'Exchange Rates and International Capital Flows'_