How are flexible exchange rates determined?
A. The exchange rate is determined where the quantity of exports demanded is equal to the quantity supplied of exports.
B. The exchange rate is determined where the current account is equal to the capital account.
C. The exchange rate is determined where the quantity of exports demanded is equal to the quantity supplied of imports.
D. The exchange rate is determined where the quantity of a currency demanded is equal to the quantity supplied of the currency.
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