Multiple Choice
Which of the following statements is true?
i.The flexible and the floating exchange rate systems are equivalent.
ii.The fixed and managed exchange rate systems are equivalent.
A) i) and ii) are both true
B) i) is false and ii) is true
C) i) is true and ii) is false
D) i) and ii) are both false
Correct Answer:
Verified
Correct Answer:
Verified
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