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Sort the exchange rate regimes

Exercise and reference answers

Items
  1. Category
    Floating
    Item
    Market sets it
  2. Category
    Floating
    Item
    No intervening
  3. Category
    Soft peg
    Item
    Some intervening
  4. Category
    Soft peg
    Item
    Rate nudged
  5. Category
    Hard peg
    Item
    Fixed always
  6. Category
    Hard peg
    Item
    Held rigidly
Categories
  1. Floating
  2. Soft peg
  3. Hard peg
Instructions
Send each description down the chute of the regime it belongs to.

Explanation

_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 15 'Exchange Rates and International Capital Flows'_
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