Multiple Choice
The regime whereby the value of a currency is determined by demand and supply conditions in the FX markets is called:
A) fixed.
B) floating.
C) pegged.
D) variable.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q79: The theory of purchasing power parity seeks
Q80: In determining the equilibrium exchange rate,the supply
Q81: If the price of a local currency
Q82: A central bank may seek to influence
Q83: If the exchange rate of yen/AUD rises,we
Q85: On a foreign exchange diagram of the
Q86: The relationship between the exchange rate and
Q87: Under the theory of purchasing power parity,an
Q88: If the regression analysis of the relationship
Q89: If foreign interest rates decrease relative to