Floating exchange rates
A) float according to the laws of supply and demand.
B) are fixed by speculators in foreign exchange markets.
C) are rarely used in foreign exchange transactions.
D) All of the choices are true characteristics.
Correct Answer:
Verified
Q27: There must always be a balance of
Q32: Statement I: The U.S.became a net debtor
Q34: Freely floating exchange rates are determined by
A)the
Q35: Statement I: A lower dollar makes American
Q36: If U.S.demand for imports increases it would
Q38: Between the end of World War II
Q39: The decrease in the value of the
Q40: U.S.exports,foreign travel in the U.S. ,and foreign
Q41: When the current account is in deficit,the
Q42: Nations which experience relatively high rates of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents