Solved

Currency Markets Operate Under a System in Which the Prices

Question 34

Multiple Choice

Currency markets operate under a system in which the prices of different currencies move up or down based on the demand for and supply of each currency.This practice is called:


A) Countertrading.
B) floating exchange rates.
C) variable purchasing power.
D) flexible monetary policies.
E) purchasing power elasticity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions