If the rate at which one nation's money exchanges for one unit of another nation's money is

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If the rate at which one nation's money exchanges for one unit of another nation's money is determined by the forces of supply and demand, the two nations are on a:

A. relative exchange rate system.

B. flexible, or floating, exchange rate system.

C. fixed exchange rate system.

D. world-average-of-countries exchange rate system.

Related Book For answer-question

International Economics

ISBN: 978-1429278447

3rd edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Posted Date: Jan 09, 2024 02:42 AM

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If the rate at which one nation's money exchanges for one unit of another nation's money is

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International Economics

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