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Economics MCQs – Certification Test 62

Functions of Foreign Exchange Market MCQs (Question 62) – App & e-Book Download

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MCQ 62: The type of exchange rate that occurs when the government intervenes to try and keep the value of the currency at a certain level against other currencies is known as:

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

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