A fixed exchange rate is one that ________. A fixed exchange rate is achieved ________. a). follows
Fantastic news! We've Found the answer you've been seeking!
Question:
A fixed exchange rate is one that ________. A fixed exchange rate is achieved ________.
a). follows a path determined by the government or the central bank; by the central bank buying or selling domestic currency in the foreign exchange market
b). is determined by demand and supply in the foreign exchange market; with no direct intervention by the central bank
c). is set by the government or the central bank; by central bank intervention in the foreign exchange market
d). is set by the government or the central bank; by the intervention of market traders in the foreign exchange market
Posted Date: