Out of the following, which is the most rigid exchange rate system that does not allow any adjustment in the exchange rate?

Adjustable Peg System of Exchange Rate

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Flexible Exchange Rate System

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Gold Standard System of Exchange Rate

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Bretton Woods System of Exchange

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Solution

The correct option is C
Gold Standard System of Exchange Rate

The Gold Standard System was the most rigid system of exchange rates.

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Similar questions

According to Adjustable Peg System (or Bretton Woods System) of Exchange Rate:

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