Q. Which of the following is true?
  • (A) Fixed exchange rate is determined by the government
  • (B) Flexible exchange rate is determined by market forces (demand and supply of foreign exchange)
  • (C) Both A and B
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) Both A and B

πŸ’¬ Discussion

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