Author Question: Which of the following defines a flexible exchange rate? A) An exchange rate determined by the ... (Read 88 times)

naturalchemist

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Which of the following defines a flexible exchange rate?
 
  A) An exchange rate determined by the market
  B) An exchange rate that fluctuates within a set band
  C) An exchange rate that is not allowed to vary
  D) An exchange rate that is backed by gold

Question 2

International economic crises are relatively rare events.
 
  Indicate whether the statement is true or false



SAUXC

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Answer to Question 1

A

Answer to Question 2

FALSE



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