Question: When the exchange rate is allowed to shift gradually overtime, or within an exchange rate band which may also shift overtime, this is considereda(n): A.

When the exchange rate is allowed to shift gradually overtime, or within an exchange rate band which may also shift overtime, this is considereda(n):

A.

flexible exchange rate.

B.

fixed exchange rate.

C.

managed float.

D.

none of the above.

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