Question: Under a fixed exchange rate system: Select one: a. central bank intervention in the foreign exchange market is often necessary. b. a foreign exchange market

Under a fixed exchange rate system:

Select one:

a.

central bank intervention in the foreign exchange market is often necessary.

b.

a foreign exchange market does not exist.

c.

central bank intervention in the foreign exchange market is not allowed.

d.

central bank intervention in the foreign exchange market is not necessary.

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