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Author Question: The most common reason for exchanging one currency for another is (Read 33 times)

hbsimmons88

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Question 1

Exchange rates that are determined by the unregulated forces of supply and demand are


◦ fixed exchange rates.
◦ pegged exchange rates.
◦ managed exchange rates.
◦ floating exchange rates.

Question 2

The most common reason for exchanging one currency for another is


◦ to purchase goods produced in another country.
◦ to engage in fixed capital investment in another country.
◦ to purchase stocks and bonds in another country.
◦ to engage in currency speculation.


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Marked as best answer by hbsimmons88 on Apr 19, 2019

vkodali

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hbsimmons88

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vkodali

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