Rearrange the following types of foreign exchange rate systems in their correct order of flexibility:
(A) Fixed exchange rate
(B) Flexible exchange rate
(C) Managed float exchange rate
(D) Pegged exchange rate
Choose the correct answer from the options given below:
1
(A), (C), (D), (B)
2
(A), (D), (C), (B)
3
(B), (C), (A), (D)
4
(A), (B), (C), (D)