Flexible Exchange Rates Are More Volatile Than Floating Ones

question 212

True/False

Flexible exchange rates are more volatile than floating ones.

---

Definitions:

Competitive Sports

Athletic contests that are characterized by rivalry and require skill and effort to win or succeed.

Genetic Predisposition

The increased likelihood of developing a particular disease or condition based on an individual's genetic makeup.

Goal-directed Behaviour

describes actions that are motivated by an intention to achieve a specific outcome or objective.

Motivation

The inner drive or process that energizes, guides, and maintains behavior towards achieving a goal.