When the foreign exchange market determines the relative value of a currency,the country is said to adhere to a _____ exchange rate regime.
A)fixed
B)floating
C)dirty float
D)pegged

Question

Quizplus · Accepted Answer

When the foreign exchange market determines the relative value of a currency,we say that the country is adhering to a floating exchange rate regime.

When the Foreign Exchange Market Determines the Relative Value of a Currency,the