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dwilliams11 dwilliams11
wrote...
Posts: 443
5 years ago

Question 1.

Exchange rates that are determined by the unregulated forces of supply and demand are



▸ fixed exchange rates.

▸ pegged exchange rates.

▸ managed exchange rates.

▸ floating exchange rates.

Question 2.

The most common reason for exchanging one currency for another is



▸ to purchase goods produced in another country.

▸ to engage in fixed capital investment in another country.

▸ to purchase stocks and bonds in another country.

▸ to engage in currency speculation.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Answer verified by a subject expert
wasanwasan
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Posts: 368
5 years ago
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dwilliams11 Author
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5 years ago
Correct Slight Smile TY
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Yesterday
Helped a lot
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2 hours ago
Smart ... Thanks!
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