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valputin valputin
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8 years ago
The current international financial system is a managed float exchange rate system because
A) exchange rates fluctuate in response to, but are not determined solely by, market forces.
B) all countries allow their exchange rates to fluctuate in response to market forces.
C) all countries peg their currencies to the dollar which is allowed to fluctuate in response to market forces.
D) some countries keep their currencies pegged to the dollar, which is not allowed to fluctuate.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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