Question: Choose the statement about flexible exchange rates that is correct. a). A flexible exchange rte is influenced by central bank actions,. b). next to the
Choose the statement about flexible exchange rates that is correct.
a). A flexible exchange rte is influenced by central bank actions,.
b). next to the United States, China is the largest country that follows a flexible exchange rate policy.
c). Most countries in the world do not follow a flexible exchange rate policy.
d). a flexible exchange rate is unlike a fixed exchange rate because a flexible exchange rate follows a path determined by a decision of the government or central bank rather than taking a single value.
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