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A countrys government allows its currency value to fluctuate within a certain range but would manage the currency value once the fluctuation exceeds the range.

A countrys government allows its currency value to fluctuate within a certain range but would manage the currency value once the fluctuation exceeds the range. This country has been practicing___________

1. A floating exchange rate system

2. A fixed exchange rate system

3. A pegged floating exchange rate system

4. A fixed floating exchange rate system

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