The best description of how a flexible exchange rate market determines the value of currency is ____________________. Responses the value of a currency is allowed to fluctuate with changes in supply and demand the value of a currency is allowed to fluctuate with changes in supply and demand the value is set by a certain amount of gold which can be redeemed at any time the value is set by a certain amount of gold which can be redeemed at any time the value is allowed to fluctuate based only on the actions of the government the value is allowed to fluctuate based only on the actions of the government the value of a currency is fixed at a set rate by the government