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___________ : when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market. A. Gold standard B. Fixed exchange rate C. Currency calculation D. Floating exchange
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May 7, 2017
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___________ : when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market.
A. Gold standard
B. Fixed exchange rate
C. Currency calculation
D. Floating exchange rate
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Cristian Hantig
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Cristian Hantig
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It would be a "Floating exchange rate" that occurs when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market, since it is thought to "float" along the ebbing and flowing "tides" of the market.
Josh Werts
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May 12, 2017
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