Freely Floating Exchange Rates Are Determined by

question 168

Multiple Choice

Freely floating exchange rates are determined by

• A)the forces of supply and demand for currencies.
• B)the government with a trade surplus.
• C)the government with a trade deficit.
• D)the IMF.
• E)the Bretton Woods Agreement.

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Definitions:

Outside

External or beyond the limits or confines of a specific area or context.

Proactive Behaviours

Actions taken by individuals that are anticipatory and change-oriented, aimed at affecting positive change in the environment or in oneself.

Proximal Outcomes

Immediate effects or results that can be directly attributed to specific actions or interventions.

Distal Outcomes

Results or consequences that occur over a long period of time or are removed from the immediate cause-and-effect relationship.