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15 July, 08:35

Exchange rate determined by demand and supply

of foreign currency

exchange rate pegged to the value of another

nation's currency

exchange rate determined by both government

intervention and supply and demand

managed

Right

floating:

Right:

fixed:

+4
Answers (1)
  1. 15 July, 08:51
    0
    floating: Exchange rate determined by demand and supply of foreign currency

    fixed: exchange rate pegged to the value of another nation's currency

    managed: exchange rate determined by both government intervention and supply and demand
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