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Which of the following best explains the difference between a fixed currency

and a floating currency?

2 Answers

4 votes

Answer:

A. The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.

verified on a p e x

User Kolten
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4 votes

Answer:

The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.

User Mendieta
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