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    Multinational Financial Management Study Set 1
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    Exam 2: The Determination of Exchange Rates
  5. Question
    Which Type of Money Is Most Likely to See Its
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Which Type of Money Is Most Likely to See Its

Question 5

Question 5

Multiple Choice

Which type of money is most likely to see its value fluctuate in the foreign exchange market?


A) fiat money
B) commodity money
C) price-indexed money
D) pegged-exchange rate

Correct Answer:

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