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Economics MCQs – Certification Test 139

Functions of Foreign Exchange Market MCQ (Question 139) – App & e-Book Download

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MCQ 139: A type of exchange rate that occurs when the government doesn't intervene but allows the value of the currency to be determined by market forces is known as:

  1. fixed exchange rate
  2. quote currency
  3. floating exchange rate
  4. law of one price

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