Question: The flexible exchange system since 1973 has contributed to Question 16 Answer a. More liquidity in the financial markets b. Market forces have more power

The flexible exchange system since 1973 has contributed to Question 16 Answer 


a. More liquidity in the financial markets 


b. Market forces have more power to determine the daily value of some currencies 


c. More volatility in the foreign exchange markets from time to time 


d. An opportunity for traders and investors to make profits and also take big losses from time to time 


e. All of the statements in this

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