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When is a floating exchange offer most commonly used?

User Mastisa
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Final answer:

A floating exchange offer is most commonly used in the field of business. It allows the foreign exchange market to set exchange rates and is used by about 40% of the countries in the world economy. The major concern with this policy is the potential volatility of exchange rates.

Step-by-step explanation:

A floating exchange offer is most commonly used in the field of business. A floating exchange rate refers to a policy that allows the foreign exchange market to set exchange rates. It is used by about 40% of the countries in the world economy, including the U.S. dollar. The major concern with this policy is that exchange rates can move a great deal in a short time.

User Kaveh
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