The Eurozone is an example of a combination of both fixed and flexible exchange rate system.

Name: The Eurozone is an example of a combination of both fixed and flexible exchange rate system.
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The Eurozone has a fixed exchange rate system within the Eurozone itself, as all member countries share a common currency, the Euro. However, the Euro can still vary in value against other currencies outside the Eurozone, indicating a flexible exchange rate system with other countries.

The Eurozone Is an Example of a Combination of Both