Solved

What Characterizes a Floating Exchange Rate

Question 61

Multiple Choice

What characterizes a floating exchange rate?


A) Its value always moves with the price of gold.
B) Its value moves in response to market forces.
C) Its value moves in response to the policy of the World Bank.
D) Its value is determined by negotiations of the G7.
E) Its value moves in response to government pegs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents