Which of the following best explains what happens to the exchange rate of a
floating currency?<...
Which of the following best explains what happens to the exchange rate of a
floating currency?
The exchange rate for that currency is determined by changes i
the value of the U. S. dollar.
a
B. The exchange rate for that currency increases or decreases
depending on the size of the country's GDP.
C. The exchange rate for that currency goes up and down with the
price of gold.
O
D. The exchange rate for that currency changes depending on the
operations of the free market,
Answers: 2
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