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18 September, 05:10

1. The flexible exchange-rate system is

A) a currency system in which governments try to keep the values of their currencies constant against one another

B) a currency system that allows the exchange rate to be determined by supply and demand

C) the result of a nation importing more than it exports

D) the method banks and other financial institutions use to calculate depreciation on trade deficits

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Answers (1)
  1. 18 September, 08:17
    0
    The answer should be B
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