Global financial markets operate under a system of ________, where the supply and demand for various currencies will determine their value at any moment in time.
A) living rates
B) foreign good rates
C) floating exchange rates
D) live trading rates

Question

Quizplus · Accepted Answer

Global financial markets operate under a system of floating exchange rates, where the supply and demand for various currencies will determine their value at any moment in time. This means that the exchange rates of currencies are not fixed and can fluctuate based on market forces.

Global Financial Markets Operate Under a System of ________, Where