In the era of floating exchange rates, currency values relative to each other are determined by:

Name: In the era of floating exchange rates, currency values relative to each other are determined by:
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Question

Quizplus · Accepted Answer

In the era of floating exchange rates, currency values relative to each other are determined by a combination of different factors such as supply and demand for those currencies, interest rate differentials between countries, and changes in inflation rates. Therefore, all of the above options are correct.

In the Era of Floating Exchange Rates, Currency Values Relative