If a countryʹs central bank does not intervene in the foreign exchange market, the country has

Name: If a countryʹs central bank does not intervene in the foreign exchange market, the country has
Brand: Quizplus
Rating: 5.0 (54 reviews)

Question

Quizplus · Accepted Answer

If a country's central bank does not intervene in the foreign exchange market, the country has a flexible exchange rate policy. This means that the exchange rate is determined by the market forces of supply and demand, and can fluctuate freely based on changes in economic conditions and expectations.

If a Countryʹs Central Bank Does Not Intervene in the Foreign