"Free float" exchange rates are determined by _____________.
A) the IMF
B) market forces
C) governments
D) the World Bank
E) national banks

Question

Quizplus · Accepted Answer

Free float exchange rates refer to a system where currency values are determined by the forces of supply and demand in the market, meaning that they are not regulated or fixed by governments or international organizations such as the IMF or World Bank. Therefore, the correct answer is B, market forces.

"Free Float" Exchange Rates Are Determined by _____________