Currency markets operate under a system of _____,which is a system in which the prices of different currencies move up or down based on the demand for and the supply of each currency.
A) countertrade
B) floating exchange rates
C) dumping
D) contract manufacturing

Question

Quizplus · Accepted Answer

Currency markets operate under a system of floating exchange rates, where the value of currencies is determined by market forces of supply and demand.

Currency Markets Operate Under a System of _____,Which Is a System