The system described above refers to the Fixed Exchange Rate System.
<h3>What is the fixed exchange rate system?</h3>
The fixed exchange rate system is a term that refers to the exchange regime of a monetary unit whose value is adjusted according to the value of another reference currency such as the Dollar or the Euro.
According to the above, the currencies of different countries gain or lose value according to their change with respect to the reference currencies.
This system has become widespread in the world with the aim of facilitating trade and investment between countries with the reference currencies.
Learn more about currency in: brainly.com/question/13684639
D) to correct market failures and redistribute income
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Explanation:
A company's leadership team is an essential part of the company's strategic development and decision-making process.
Therefore, the leadership team will directly influence organizational performance in the short and long term, in the sense that this team will be responsible for the strategic planning that will contemplate the long term in the organization and help it to reach its goals and objectives.
The decision-making process, on the other hand, will impact the company in the short term and will be essential for the decisions made to be beneficial for the improvement of organizational processes and the achievement of competitive and financial advantages.
